Page 277 - Bank Muamalat_AR24

ANNUAL REPORT 2024 1 2 3 4 5 6 7 Our Numbers 8 275

30. INCOME DERIVED FROM INVESTMENT OF SHAREHOLDERS’ FUNDS

Group Bank
2024 2023 2024 2023
RM’000 RM’000 RM’000 RM’000

Finance income and hibah
Financial investments at FVOCI 8,384 7,472 8,384 7,472
Money at call and deposit with financial institutions 1,512 2,499 1,512 2,499
Amortisation of premium, net (728) (1,100) (728) (1,100)
Total finance income and hibah 9,168 8,871 9,168 8,871

Other operating income

Net gain on revaluation of foreign exchange
transaction 22,739 9,713 22,739 9,713
Net gain from foreign exchange derivatives 5,887 10,164 5,887 10,164
Unwinding of financial liabilities (note (a)) (4,429) (1,664) (4,429) (1,664)
Net gain from sale of debt instruments at FVOCI 8 4 8 4
Unrealised gain on revaluation of financial
investments at FVTPL 546 378 535 380
Net gain from sale of debt instruments at fair value
through other comprehensive income 4 - 4 -
Gross dividend income
- unquoted shares in Malaysia 69 68 - -
- subsidiary - - 6,000 11,000
24,820 18,663 30,740 29,597

Fees and commission

Corporate advisory fees 2,834 2,566 2,390 3,142
Service charges and fees 6,327 7,225 121 69
Commission 1,364 1,097 1,364 1,096
10,525 10,888 3,875 4,307

Other income
Rental income 1,136 845 1,256 965
Gain from sale of property, plant and equipment 10 1 10 1
Gain from termination of right-of-use asset 73 3 73 3
Gain from sale of foreclosed properties - 1,050 - 1,050
Fair value adjustments of investment properties
(Note 12) 2,130 192 2,130 192
3,349 1,041 3,469 1,161

Total 47,862 39,463 47,252 43,936