Page 127 - Bank Muamalat_AR24

ANNUAL REPORT 2024 1 2 3 4 5 Sustainability Statement 6 7 8 125

Employee Benefits

Benefits are provided to full-time employees only, by significant locations of operation.

Senior
Employee benefits Managerial Executive Non-Executive
Management
Takaful Coverage 1 √ √ √ √

Healthcare 2 √ √ √ √
Disability and invalidity coverage 3 √ √ √ √
Parental leave 4 √ √ √ √

Retirement provision 5 √ √ √ √
Stock ownership N/A N/A N/A N/A
Compassionate Leave 6 √ √ √ √
Other Types of Leave 7 √ √ √ √
FlexibleWork Arrangement 8 √ √ √ √

Other Allowances 9 √ √ √ √
Membership with Professional Bodies 10 √ √ N/A N/A
Staff Financing 11 √ √ √ √

1 Includes Group Term Takaful and Critical Illness (only applicable to senior management and managerial staff)
2 Includes medical benefits, dental benefits, optical benefits, executive health screening and child delivery charges
3 Includes Group Personal Accident, SOCSO, Employee Insurance Scheme (EIS)
4 Includes maternity leave and paternity leave
5 Includes additional EPF employer contribution, early retirement and pre-retirement leave (only applicable to executives and non-executives)
6 Includes death of family members, natural disaster and immediate family being hospitalised
7 Includes annual leave, sick leave, hospitalisation leave, prolonged illness leave, marriage leave, hajj leave and examination leave
8 Includes staggered work hours and reduced work hours
9 Includes warm clothing allowance for travelling to temperate countries, acting/relief allowance, regional allowance (only applicable to East
Malaysia), outstation duty allowance
10 Includes professional membership (only applicable to senior management and managerial staff)
11 Includes Staff Sundry Financing, Staff Structured Personal Financing, Staff Bicycle Financing, Staff Vehicle Financing, Muamalat Car Scheme
(VP and above), Staff House Financing and Staff ASB Financing