Page 335 - Bank Muamalat_AR24

ANNUAL REPORT 2024 1 2 3 4 5 6 7 Our Numbers 8 333

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

(c) Liquidity and funding risk (cont’d.)
(i) Maturity analysis of assets, liabilities, commitments and contingencies based on remaining contractual maturity:
(cont’d.)
On demand
or up to >1-3 >3-6 >6-12
1 Month Months Months Months >1 Year Total
Bank RM’000 RM’000 RM’000 RM’000 RM’000 RM’000

2023
Assets
Cash and short-term funds 3,039,191 - - - - 3,039,191
Financial investments at FVTPL - - - 5,112 25,984 31,096
Financial investments at FVOCI 210,096 10,151 287,833 925,973 5,071,413 6,505,466
Financial investments at
amortised cost - - - - 116,871 116,871
Islamic derivative financial assets 11,851 479 457 32 - 12,819
Financing of customers 1,004,227 1,547,564 1,442,189 2,476,305 21,873,107 28,343,392
Statutory deposits with
Bank Negara Malaysia - - - - 583,809 583,809
Other financial assets* 80,749 - - 34,005 - 114,754

Total financial assets 4,346,114 1,558,194 1,730,479 3,441,427 27,671,184 38,747,398

Liabilities
Deposits from customers 17,821,410 6,167,904 5,083,239 2,662,939 1,076,310 32,811,802
Investment accounts of customers 247,689 - - - - 247,689
Deposits and placements of banks
and other financial institutions 184,018 - 200 - 345,416 529,634
Bills and acceptances payable - 13,773 - - - 13,773
Islamic derivative financial assets 4,767 9,470 7,282 - - 21,519
Other financial liabilities 23,374 - - 77,731 - 101,105
Lease liabilities 893 1,730 2,578 5,189 28,079 38,469
Recourse obligation on financing
sold to Cagamas - - 201,783 - 856,962 1,058,745
Subordinated sukuk 7,092 - 1,034 - 798,798 806,924
Total financial liabilities 18,289,243 6,192,877 5,296,116 2,745,859 3,105,565 35,629,660
Net maturity mismatch (13,943,129) (4,634,683) (3,565,637) 695,568 24,565,619 3,117,738

Commitments and contingencies
Contingent liabilities 19,840 20,572 159,329 125,479 676,223 1,001,443
Commitments 326,208 117,712 58,297 48,590 1,751,205 2,302,012
Other Miscellaneous Commitment
and Contingent Liabilities 55,321 124 - 1 4,594 60,040
Islamic derivative financial instruments 358,856 892,179 824,010 212,318 - 2,287,363
Total commitments and
contingencies 760,225 1,030,587 1,041,636 386,388 2,432,022 5,650,858

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