Page 282 - Bank-Muamalat_Annual-Report-2023

BANK MUAMALAT MALAYSIA BERHAD

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

35. PERSONNEL EXPENSES
Group Bank
2023 2022 2023 2022
RM’000 RM’000 RM’000 RM’000

Salary and wages 198,452 182,576 196,862 180,724
Contribution to defined contribution plan 38,132 35,487 37,866 35,187
Social security contributions 2,477 2,083 2,477 2,083
Allowances and bonuses 32,243 28,071 32,057 28,069
Chief Executive Officer, Directors remuneration and
Shariah Committee allowance 6,633 5,151 6,125 4,610
Others 29,020 23,415 28,904 23,314

306,957 276,783 304,291 273,987

36. CEOS, DIRECTORS AND SHARIAH COMMITTEE MEMBERS’ REMUNERATION

Group Bank
2023 2022 2023 2022
RM’000 RM’000 RM’000 RM’000

(a) Chief Executive Officers
Salaries and wages 1,835 1,705 1,464 1,334
Bonus 1,073 645 1,073 618
Other emoluments 496 402 432 333
Benefits-in-kind 78 117 78 117
3,482 2,869 3,047 2,402

(b) Non-Executive Directors
Fees 1,559 1,018 1,504 960
Other emoluments 1,028 837 1,010 821
Benefits-in-kind 76 72 76 72
2,663 1,927 2,590 1,853

(c) Shariah Committee members

Allowance 488 355 488 355
Total 6,633 5,151 6,125 4,610
Total (excluding benefits-in-kind) 6,479 4,962 5,971 4,421

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