Page 270 - Bank-Muamalat_Annual-Report-2023
P. 270
BANK MUAMALAT MALAYSIA BERHAD
NOTES TO THE
FINANCIAL STATEMENTS
31 DECEMBER 2023 (18 JAMADIL AKHIR 1445H)
18. INVESTMENT ACCOUNTS OF CUSTOMERS (CONT’D.)
(iii) Movement of investment accounts of customers:
Unrestricted Restricted
investment investment
accounts accounts
Mudarabah Mudarabah
Group and Bank RM’000 RM’000
2023
At 1 January 2023 301,158 79
New placements 1,817,186 32
Redemptions (1,870,655) (79)
At 31 December 2023 247,689 32
2022
At 1 January 2022 216,978 132
New placements 1,566,701 41
Redemptions (1,482,521) (94)
At 31 December 2022 301,158 79
(iv) The allocation of investment asset are as follows:
Group and Bank
2023 2022
RM’000 RM’000
Unrestricted investment accounts:
Home financing 434 301,158
Total investment 434 301,158
Restricted investment accounts:
Term financing 32 79
Total investment 32 79
268