Page 270 - Bank-Muamalat_Annual-Report-2023
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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
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