Page 346 - Bank-Muamalat_Annual-Report-2023

BANK MUAMALAT MALAYSIA BERHAD

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

47. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (CONT’D.)
(c) Liquidity and funding risk (cont’d.)

(ii) Maturity analysis of financial liabilities on an undiscounted basis
The following tables show the contractual undiscounted cash flows payable for financial liabilities by remaining
contractual maturities. The financial liabilities in the tables depicted in the following pages will not agree to the
balances reported in the statement of financial position as the Tables incorporate all contractual cash flows,
on an undiscounted basis, relating to both principal and profit payments. The contractual maturity profile does not
necessarily reflect the behavioural cash flows.
The cash flows of commitments and contingent liabilities are not presented on an undiscounted basis as
the total outstanding contractual amounts do not represent future cash requirements since the Group and
the Bank expect many of these contingencies to expire or be unconditionally cancelled without being called or
drawn upon and many of the contingent liabilities are reimbursable by customers.

Up to >7 Days - >1-3 >3-6 >6-12
Group 7 Days 1 Month Months Months Months >1 Year Total
2023 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000

Non-derivative liabilities
Deposits from
customers 12,840,444 4,979,545 6,206,051 5,160,652 2,748,282 1,186,488 33,121,462
Investment accounts
of customers 247,689 - - - - - 247,689
Deposits and
placements of banks
and other financial
institutions - 184,586 - 200 - 345,416 530,202
Bills and acceptances
payable - - 13,773 - - - 13,773
Other financial
liabilities - 22,867 - - 77,773 - 100,640
Lease liabilities - 1,033 2,001 2,960 5,867 30,394 42,255
Recourse obligation
on financing sold
to Cagamas - - - 204,069 - 910,739 1,114,808
Subordinated sukuk - 7,995 - 11,250 19,245 1,051,834 1,090,324
Derivative liabilities 70 4,697 9,470 7,282 - - 21,519
Total financial liabilities 13,088,203 5,200,723 6,231,295 5,386,413 2,851,167 3,524,871 36,282,672

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