Page 342 - Bank Muamalat_AR24

340 BANK MUAMALAT MALAYSIA BERHAD

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

48. FAIR VALUE MEASUREMENTS (CONT’D.)

(b) Financial instruments not carried at fair value
The estimated fair values of those on-balance sheet financial assets and financial liabilities as at the reporting
date approximate their carrying amounts as shown in the statement of financial position, except for the financial assets
and liabilities as disclosed below.
Total Carrying
Level 1 Level 2 Level 3 fair value Amount
Group RM’000 RM’000 RM’000 RM’000 RM’000

2024
Financial assets
Financing of customers - - 32,102,764 32,102,764 32,349,349

Financial liabilities
Deposits from customers - - 36,477,844 36,477,844 36,462,088
Deposits and placements of
banks and other financial
institutions - - 838,721 838,721 838,721
Subordinated sukuk - 815,556 - 815,556 807,369

2023
Financial assets

Financial investments
at amortised cost - - 114,920 114,920 116,871
Financing of customers - - 28,305,700 28,305,700 28,347,644

Financial liabilities
Deposits from customers - - 31,453,489 31,453,489 32,795,736
Deposits and placements of
banks and other financial
institutions - - 529,634 529,634 529,634
Subordinated sukuk - 813,225 - 813,225 806,924