Page 358 - Bank-Muamalat_Annual-Report-2023

BANK MUAMALAT MALAYSIA BERHAD

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

51. CAPITAL ADEQUACY (CONT’D.)
(a) The core capital ratios and risk-weighted capital ratios of the Bank are as follows:
Bank
2023 2022
(Restated)
RM’000 RM’000

Computation of total risk-weighted assets (“RWA”)
Total credit RWA 22,729,923 19,492,654
Less: Credit risk absorbed by profit-sharing investment account (“PSIA”) (126,607) (159,800)
Total market RWA 77,388 23,153
Total operational RWA 1,483,198 1,427,083

Total RWA 24,163,902 20,783,090

Computation of capital ratios
Tier-I capital
Share capital 1,195,000 1,195,000
Retained profits 1,730,764 1,577,800

Other Reserves
Regulatory reserve 155,747 94,239
FVOCI reserve (6,966) (1,342)
Foreign exchange translation reserve 1,592 3,066
Regulatory Adjustment
Deferred tax assets (42,389) (52,920)
Investment property gain (8,363) (8,171)
Regulatory reserve (155,747) (94,239)
Investment in subsidiaries (13,159) (13,159)
Cumulative gains of financing measured at FVTPL (17,084) (21,455)
Intangible asset (net of deferred tax liabilities) (104,365) (94,013)
Total Common Equity Tier-I Capital 2,735,030 2,584,806

Tier-I capital

Perpetual Sukuk 350,000 -
Total Tier-I Capital 3,085,030 2,584,806

Tier-II capital

Subordinated sukuk 800,000 800,000
Loss provision and regulatory reserve* 284,124 243,658
Add: Investment property gain 3,763 3,677

Total Tier-II Capital 1,087,887 1,047,335
Total Capital Base 4,172,917 3,632,141

* Tier 2 Capital comprise collective allowance on non-impaired financing customers and regulatory reserve.

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