Page 405 - Bank-Muamalat_Annual-Report-2023

ANNUAL REPORT 2023
OUR NUMBERS

4.0 CREDIT RISK (GENERAL DISCLOSURE) (CONT’D)
Credit Quality Financing of Customers (cont’d)

Financing of customers are analysed as follows: (cont’d.)
(i) Neither past due nor impaired

Gross financing and advances which are neither past due nor impaired:
- “Good Grade” refers to financing and advances which are neither past due nor impaired in the last six months
and have never undergone any rescheduling or restructuring exercise previously.

- “Satisfactory Grade” refers to financing and advances which may have been past due or impaired during the last six
months or have undergone a rescheduling or restructuring exercise previously.

(ii) Past due but not impaired
Past due but not impaired financing of customers refers to where the customer has failed to make a principal or profit
payment after the contractual due date for more than one day but less than three (3) months.

Aging analysis of past due but not impaired is as follows:
Table 12: Past due but not impaired

Less than 1 - 2 >2 - 3
Group and Bank 1 month months months Total
31 December 2023 RM’000 RM’000 RM’000 RM’000

Term financing
- Home financing - 256,314 271 256,585
- Hire purchase receivables - 11,318 159 11,477
- Other term financing - 161,301 3,056 164,357
Other financing - 9,656 48 9,704

Total - 438,589 3,534 442,123

Less than 1 - 2 >2 - 3
Group and Bank 1 month months months Total
31 December 2022 RM’000 RM’000 RM’000 RM’000

Term financing
- Home financing - 172,040 273 172,313
- Hire purchase receivables - 7,009 143 7,152
- Other term financing - 103,091 1,907 104,998
Other financing - 978 118 1,096
Total - 283,118 2,441 285,559

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