Page 3 - Bank Muamalat_AR24

SAFEGUARDING FUTURES. EMPOWERING LIVES.

The cover for the Annual Report 2024 exemplifies purpose and progress, captured by the theme Safeguarding
Futures. Empowering Lives. This speaks directly to the Bank’s dual mission: to protect its stakeholders’
financial well-being (Safeguarding Futures) and to enable their dreams and ambitions (Empowering Lives).
The imagery of a modern cityscape at dawn reflects the Bank’s strategic position as a dynamic and
forward-thinking financial institution in a new digital era. The reflection of the city on the water below
symbolises the Bank’s commitment to creating lasting, positive ripples that extend from its operations into
the broader community. The vibrant, warm hues of orange and gold in the skyline evoke a sense of optimism
and opportunity, while the deeper tones anchor stability and trust.

5 6 7 8

SUSTAINABILITY GOVERNANCE OUR NUMBERS OTHER INFORMATION
STATEMENT
78 About Our 132 Our Board Diversity 184 Directors’ Report 418 Corporate Information
Sustainability 134 Board of Directors’ 192 Statement by Directors 419 Branch Network
Statement Profile 192 Statutory Declaration 422 Global Reporting
79 Sustainability 142 Shariah Committee 193 Report of the Shariah Initiative (“GRI”)
@ Bank Muamalat Profile Committee Content Index
82 Stakeholder 146 Senior Management 194 Independent Auditors’ Report
Engagement Profile
197 Consolidated Statement of
87 Sustainability Matters 154 Board of Directors’ Financial Position
90 Sustainability Composition 199 Statement of Financial Position
Governance 155 Board Comittees 201 Statements of Profit or Loss
93 Economic 156 Governance 210 Notes to the Financial
106 Social Disclosures Statements
116 Environmental 167 Board Audit 202 Statements of Other
122 Data on Material Committee Report Comprehensive Income
Matters 171 Statement on 203 Consolidated Statement of
Compliance Changes in Equity
173 Statement on Risk
Management 204 Statement of Changes in Equity
205 Statements of Cash Flows
178 Shariah Committee
Report 353 Basel II Pillar 3 Disclosure

NAVIGATION ICONS

In line with the Framework, we have reported on our value creation activities in relation to the Six Capitals.
For ease of reference, the following navigation icons are used to represent each capital and material matter, and will appear at
relevant sections across this report:

Our Capitals Our Material Matters
Financial Capital M1 Economic M2 Entrepreneur M3 Carbon M4 Water M5 Waste
Performance Development Management Management Management
Manufactured Capital
M6 Employment M7 Diversity and Equal M8 Training and M9 Community M10 Financial
Opportunity Education Development Inclusion
Human Capital
Customer Responsible Procurement Ethics &
Intellectual Capital M11 Experience M12 Financing M13 Practices M14 Integrity
Social &
Relationship Capital
Natural Capital