Page 396 - Bank-Muamalat_Annual-Report-2023

BANK MUAMALAT MALAYSIA BERHAD

BASEL II
PILLAR 3 DISCLOSURE

4.0 CREDIT RISK (GENERAL DISCLOSURE) (CONT’D)
Credit Risk Exposures and Credit Risk Concentration (cont’d)

Table 9: Credit risk exposures and credit risk concentration by geographical analysis
The analysis of credit concentration risk of financial assets and commitments and contingencies of the Group and the Bank
categorised by geographical distribution (based on the geographical location where the credit risk resides) are as follows:
Group Bank
Domestic Labuan Domestic Labuan
31 December 2023 RM’000 RM’000 RM’000 RM’000

On Balance Sheet Exposures
Cash and short-term funds 3,038,783 408 3,038,783 408
Financial investment at fair value through
profit and loss 28,595 5,112 25,984 5,112
Financial investments at fair value through
other comprehensive income 6,402,212 103,254 6,402,212 103,254
Financial investments amortised cost 116,871 - 116,871 -
Islamic derivative financial assets 12,819 - 12,819 -
Financing of customers 28,347,644 - 28,343,392 -
Statutory deposits with Bank Negara Malaysia 583,809 - 583,809 -
Other financial assets* 115,356 3 114,751 3
38,646,089 108,777 38,638,621 108,777

Commitments and contingencies
Contingent liabilities 1,001,443 - 1,001,443 -
Commitments 2,302,012 - 2,302,012 -
Other Miscellaneous Commitment
and Contingent Liabilities 60,040 - 60,040 -
Islamic derivative financial instruments 2,287,363 - 2,287,363 -
5,650,858 - 5,650,858 -

Total credit exposures 44,296,947 108,777 44,289,479 108,777

* These balances exclude balances which are not within the scope of MFRS 9, Financial Instruments.

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