Page 381 - Bank Muamalat_AR24

ANNUAL REPORT 2024 1 2 3 4 5 6 7 Our Numbers 8 379

4.0 CREDIT RISK (GENERAL DISCLOSURE) (CONT’D)

Credit Quality Financing of Customers
Table 11: Credit quality of financing of customers

The credit quality for financing of customers is managed by the Group and the Bank using the internal credit ratings.
The table below shows the credit quality for financing of customers exposed to credit risk, based on the Group’s and the
Bank’s internal credit ratings.

Financing of customers are analysed as follows:
Past due
Neither past due nor impaired but not Impaired
Group Good Satisfactory impaired financing Total
31 December 2024 RM’000 RM’000 RM’000 RM’000 RM’000

Term financing
- Home financing 10,894,099 521,719 447,825 140,562 12,004,205
- Personal financing 7,885,358 243,561 198,342 81,971 8,409,232
- Hire purchase receivables 2,200,669 22,898 23,490 6,143 2,253,200
- Syndicated financing 482,076 - - - 482,076
- Other term financing 4,097,458 109,705 42,331 74,327 4,323,821
Other financing 4,944,827 117,431 31,653 38,176 5,132,087
30,504,487 1,015,314 743,641 341,179 32,604,621
Less:
- Stage 1 - 12 Months ECL (117,596) (2,248) - - (119,844)
- Stage 2 - Lifetime ECL
not credit impaired - (19,811) (17,428) - (37,239)
- Stage 3 - Lifetime ECL
credit impaired - - - (98,189) (98,189)

Total net financing 30,386,891 993,255 726,213 242,990 32,349,349