Page 296 - Bank Muamalat_AR24

294 BANK MUAMALAT MALAYSIA BERHAD

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

47. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (CONT’D.)

Categories of financial instruments (cont’d.)
Carrying Amortised
amount cost FVOCI FVTPL
Group RM’000 RM’000 RM’000 RM’000

2023
Financial assets
Cash and short-term funds 3,039,191 3,039,191 - -
Financial investments 6,656,044 116,871 6,505,466 33,707
Islamic derivative financial assets 12,819 - - 12,819
Financing of customers 28,347,644 27,992,904 - 354,740
Statutory deposits with Bank Negara Malaysia 583,809 583,809 - -
Other financial assets* 115,359 115,359 - -
38,754,866 31,848,134 6,505,466 401,266

Financial liabilities
Deposits from customers 32,795,736 32,795,736 - -
Investment accounts of customers 247,689 247,689 - -
Deposits and placements of banks and
other financial institutions 529,634 529,634 - -
Bills and acceptances payable 13,773 13,773 - -
Islamic derivative financial liabilities 21,519 - - 21,519
Other financial liabilities 100,640 100,640 - -
Recourse obligation on financing
sold to Cagamas 1,058,745 1,058,745 - -
Subordinated sukuk 806,924 806,924 - -
35,574,660 35,553,141 - 21,519

* These balances exclude balances which are not within the scope of MFRS 9, Financial Instruments.