Page 356 - Bank-Muamalat_Annual-Report-2023

BANK MUAMALAT MALAYSIA BERHAD

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

50. CAPITAL AND OTHER COMMITMENTS
Capital expenditure approved by the Directors but not provided for in the financial statements amounted to:

Group
2023 2022
RM’000 RM’000

Approved and contracted for 9,299 14,515
Approved but not contracted for 170,225 150,567
179,524 165,082

Bank
2023 2022
RM’000 RM’000

Approved and contracted for 9,299 14,515
Approved but not contracted for 170,243 150,673
179,542 165,188

51. CAPITAL ADEQUACY
(a) The core capital ratios and risk-weighted capital ratios of the Group are as follows:

Group
2023 2022
(Restated)
RM’000 RM’000

Computation of total risk-weighted assets (“RWA”)
Total credit RWA 22,739,787 19,511,734
Less: Credit risk absorbed by profit-sharing investment account (“PSIA”) (126,607) (159,800)
Total market RWA 77,388 23,153
Total operational RWA 1,508,264 1,463,122
Total RWA 24,198,832 20,838,209

Computation of capital ratios

Tier-I capital
Share capital 1,195,000 1,195,000
Retained profits 1,742,374 1,595,641

Other Reserves
Regulatory reserve 155,747 94,239
FVOCI reserve (6,966) (1,342)
Foreign exchange translation reserve 1,591 3,066

354