Page 279 - Bank-Muamalat_Annual-Report-2023

ANNUAL REPORT 2023
OUR NUMBERS

30. INCOME DERIVED FROM INVESTMENT OF SHAREHOLDERS’ FUNDS
Group Bank
2023 2022 2023 2022
RM’000 RM’000 RM’000 RM’000

Finance income and hibah

Financial investments at fair value through other
comprehensive income 7,472 8,262 7,472 8,262
Money at call and deposit with financial institutions 2,499 1,503 2,499 1,503
Amortisation of premium, net (1,100) (1,475) (1,100) (1,475)
Total finance income and hibah 8,871 8,290 8,871 8,290

Other operating income

Net gain on revaluation of foreign exchange
transaction 9,713 27,447 9,713 27,447
Net gain/(loss) from foreign exchange derivatives 10,164 (20,134) 10,164 (20,134)
Unwinding of financial liabilities (note (a)) (1,664) (4,690) (1,664) (4,690)
Return of a financial investment at fair value through
other comprehensive income - 10,552 - 10,552
Unrealised gain /(loss) on revaluation from financial
investments designated at FVTPL 378 (244) 380 (244)
Net gain from sale of debt instruments at fair value
through other comprehensive income 4 - 4 -
Gross dividend income
- unquoted shares in Malaysia 68 39 - -
- subsidiary - - 11,000 4,000
Net dividend paid for
Islamic profit rate swap - (11,819) - (11,819)
Unrealised gain on revaluation of Islamic profit
rate swap - 37,532 - 37,532
Unrealised loss on revaluation of hedged
items (Note 6(i)) - (37,940) - (37,940)
18,663 743 29,597 4,704

Fees and commission
Corporate advisory fees 2,566 2,281 3,142 1,276
Service charges and fees 7,225 10,605 69 77
Commission 1,097 4,049 1,096 4,049
10,888 16,935 4,307 5,402

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