Page 276 - Bank Muamalat_AR24

274 BANK MUAMALAT MALAYSIA BERHAD

NOTES TO THE FINANCIAL STATEMENTS
31 DECEMBER 2024 (29 JAMADIL AKHIR 1446H)

28. INCOME DERIVED FROM INVESTMENT OF DEPOSITORS’ FUNDS AND OTHERS (CONT’D.)

(ii) Income derived from investment of other deposits
Group and Bank
2024 2023
RM’000 RM’000

Finance income and hibah
Income from financing 1,181,185 1,041,465
Financial investments at FVTPL 1,243 6,275
Financial investments at FVOCI 185,660 155,584
Financial investments at amortised cost 3,875 4,115
Money at call and deposit with financial institutions 35,675 25,947
1,407,638 1,233,386
Amortisation of premium, net (21,349) (29,256)
Total finance income and hibah 1,386,289 1,204,130

of which:
Income from impaired financing 10,851 8,392

Other operating income

Net gain from sale of:
- financial investments at FVTPL 15 57
- debt instruments at FVOCI 9,924 15,040
Unrealised (loss)/gain on revaluation of financial investments at FVTPL (10,965) 2,262
(1,026) 17,359

Fees and commission
Guarantee fees 1,483 1,628
Processing fees 3,291 4,954
Service charges and fees 11,512 16,281
Commission 53,348 44,952
69,634 67,815

Total 1,454,897 1,289,304

29. INCOME DERIVED FROM INVESTMENT OF INVESTMENT ACCOUNTS’ FUNDS

Group and Bank
2024 2023
RM’000 RM’000

Finance income and hibah
Income from financing 10,520 11,316