Page 278 - Bank-Muamalat_Annual-Report-2023

BANK MUAMALAT MALAYSIA BERHAD

NOTES TO THE
FINANCIAL STATEMENTS
31 DECEMBER 2023 (18 JAMADIL AKHIR 1445H)

28. INCOME DERIVED FROM INVESTMENT OF DEPOSITORS’ FUNDS AND OTHERS (CONT’D.)
(ii) Income derived from investment of other deposits

Group and Bank
2023 2022
RM’000 RM’000

Finance income and hibah:
Income from financing 1,041,465 815,656
Financial investments designated at FVTPL 6,275 6,554
Financial investments at fair value through other comprehensive income 155,584 130,536
Financial investments at amortised cost 4,115 4,214
Money at call and deposit with financial institutions 25,947 13,581
1,233,386 970,541
Amortisation of premium, net (29,256) (34,838)
Total finance income and hibah 1,204,130 935,703

Other operating income
Net gain from sale of:
- financial investments designated at FVTPL 57 27
- debt instruments at fair value through other comprehensive income 15,040 1,525
Unrealised gain/(loss) on revaluation from financial investments designated
at FVTPL 2,262 (2,390)
17,359 (838)

Fees and commission

Guarantee fees 1,628 1,593
Processing fees 4,954 1,493
Service charges and fees 16,281 11,113
Commission 44,952 39,995
67,815 54,194
Total 1,289,304 989,059

29. INCOME DERIVED FROM INVESTMENT OF INVESTMENT ACCOUNTS FUNDS
Group and Bank
2023 2022
RM’000 RM’000

Finance income and hibah
Income from financing 11,316 11,395

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