Page 343 - Bank Muamalat_AR24

ANNUAL REPORT 2024 1 2 3 4 5 6 7 Our Numbers 8 341

48. FAIR VALUE MEASUREMENTS (CONT’D.)

(b) Financial instruments not carried at fair value (cont’d.)
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. (cont’d.)
Total Carrying
Level 1 Level 2 Level 3 fair value Amount
Bank RM’000 RM’000 RM’000 RM’000 RM’000

2024
Financial assets
Financing of customers - - 32,013,255 32,013,255 32,344,273

Financial liabilities
Deposits from customers - - 36,492,678 36,492,678 36,476,922
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 - - 28,247,382 28,247,382 28,343,392

Financial liabilities

Deposits from customers - - 31,467,289 31,467,289 32,811,802
Deposits and placements of
banks and other financial
institutions - - 529,634 529,634 529,634
Subordinated sukuk - 813,225 - 813,225 806,924