Page 411 - Bank-Muamalat_Annual-Report-2023

ANNUAL REPORT 2023
OUR NUMBERS

Each ECAI is used based on the types of exposures as described per Capital Adequacy Framework for Islamic Banks (CAFIB). The Group’s
and the Bank’s credit exposures that are presently not mapped to the ECAI ratings are depicted below as unrated. Rating for financing
The Group and the Bank use the external rating agencies such as MARC, RAM, Moody’s, Standard & Poors, Fitch and R&I for rating of
Others Grand Total RM’000 RM’000 8,197,133 - 1,116,074 - 135,673 - 78,217 - 9,820,246 - 12,531,434 - 8,356,520 - 58,005 - 359,102 - 40,652,405 - Others Grand Total RM’000 RM’000 6,350,402 - 1,004,504 - 130,207 45 95,291 - 7,566,412 331,484 11,545,730 - 5,981,702 - 71,227 - 245,602 - 32,991,077 331,529

Unrated RM’000 - 1,081,374 111,200 73,049 8,988,198 12,531,434 8,356,520 58,005 359,102 31,558,882 Unrated RM’000 - 1,004,504 110,655 95,291 6,767,460 11,545,730 5,981,702 71,227 245,602 25,822,171
commercial papers (CPs) and corporate bonds (CBs) or participation of syndication or underwriting of PDS issuance.

P1/MARC1 RM’000 - - - - - - - - - - - - - - - - - - - - P1/MARC1 RM’000 - - - - 14,434 - - - 66,281 - - - - - - - - 80,715

exposure based on the obligor rating and treasury exposure based on issue rating of the exposure.
CREDIT RISK (DISCLOSURES FOR PORTFOLIO UNDER THE STANDARDISED APPROACH)
Rating by Approved ECAIS BB+ TO BB- BBB RM’000 RM’000 - - - - - - - - - - Rating by Approved ECAIS BB+ TO BB- BBB RM’000 RM’000 - - - - 204,671 - - - - - 204,671 -

RM’000 A - - - - - - - - - - A RM’000 - - - - - - - - - -

AA- RM’000 - 34,700 - 5,168 15,801 - - - - 55,669 AA- RM’000 - - - - 15,414 - - - - 15,414

AA - - - - - - - AA - - - - - - - -
RM’000 10,797 33,682 44,479 RM’000 26,638 26,638
Table 15: Rating distribution on credit exposures

AA+ RM’000 - - - - 115,539 - - - - 115,539 AA+ RM’000 - - - - 40,248 - - - - 40,248

AAA RM’000 8,197,133 - 13,676 - 667,026 - - - - 8,877,835 AAA RM’000 6,350,402 - 5,073 - 114,216 - - - - 6,469,691

31 December 2023 Exposure Class On and Off Balance-Sheet Exposures Credit Exposures – Standardised Approach Sovereigns/Central Banks Public Sector Entities Banks, Development Financial Institutions & MDBs Takaful Cos, Securities Firms & Fund Managers Regulatory Retail Residential Mortgages Higher Risk Assets Other Assets 31 December 2022 Exposure Class On and Off Balance-Sheet Exposures Credit Exposures – Standardised A

Group Corporates Total Group Public Firms Corporates Regulatory Residential Higher Other Total

5.0

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