Page 350 - 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)
48. FAIR VALUE MEASUREMENTS (CONT’D.)
(a) Financial instruments measured at fair value (cont’d.)
Determination of fair value and the fair value hierarchy (cont’d.)
The following table shows the financial instruments which are measured at fair value at the reporting date analysed
by the various level within the fair value hierarchy: (cont;d.)
Valuation technique using;
Quoted Observable Unobservable
Market Price Inputs Inputs
Group Level 1 Level 2 Level 3 Total
2022 RM’000 RM’000 RM’000 RM’000
Financial assets
Financial investments designated at
fair value through profit or loss 6,138 5,114 170,837 182,089
Financial investments at FVOCI 56,783 5,004,465 150,403 5,211,651
Derivative financial assets - 4,247 - 4,247
Total financial assets measured at fair value 62,921 5,013,826 321,240 5,397,987
Financial liabilities
Derivative financial liabilities - 23,111 - 23,111
Total financial liabilities measured at fair value - 23,111 - 23,111
Valuation technique using;
Quoted Observable Unobservable
Market Price Inputs Inputs
Bank Level 1 Level 2 Level 3 Total
2023 RM’000 RM’000 RM’000 RM’000
Financial assets
Financial investments designated
at fair value through profit or loss 3,974 5,112 22,010 31,096
Financial investments at FVOCI 75,381 6,322,200 107,885 6,505,466
Derivative financial assets - 12,819 - 12,819
Total financial assets measured at fair value 79,355 6,340,131 129,895 6,549,381
Financial liabilities
Derivative financial liabilities - 21,519 - 21,519
Total financial liabilities measured at fair value - 21,519 - 21,519
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