Page 407 - Bank Muamalat_AR24
P. 407

ANNUAL REPORT 2024                                            1   2  3   4  5  6   7 Our Numbers  8  405












            8.2  DISCLOSURE FOR EQUITIES

                 The classification of equity investments must be made at the point of transaction. Equities are classified under the banking
                 book when they are acquired and held for yield or capital growth purposes.

                 The Bank also engages in direct acquisition of newly-listed quoted shares. As stipulated under the TBPS, these investments
                 are considered under the trading position with the exception of investments in subsidiaries and associates which would
                 require BNM’s prior approval. Equities held under the trading book position are subject to market risk capital charge as
                 specified in the CAFIB.
                 The oversight and supervision of investments in equities and equity funds resides within the Investment Committee’s (“IC”)
                 authority. This covers decisions on purchase and sale of stocks and ongoing review and monitoring of performance.
                 Table 21: Equity exposures
                 Group and  Bank
                 31 December  2024
                                                                                                  Risk     Unrealised
                                                                             Gross Credit     Weighted         Gain/
                 Publicly  Traded                                               Exposure        Assets        (Losses)
                                                                                 RM’000        RM’000        RM’000

                 Investment in Quoted Shares                                           -             -       204,630

                 Total                                                                 -             -       204,630

                 Cumulative realised gains arising from
                   sales and liquidations in the reporting period                                              1,933


                 Group and  Bank
                 31 December  2023
                                                                                                  Risk     Unrealised
                                                                             Gross Credit     Weighted         Gain/
                 Publicly  Traded                                               Exposure        Assets        (Losses)
                                                                                 RM’000        RM’000        RM’000

                 Investment in Quoted Shares                                     116,853       116,853        153,268
                 Total                                                           116,853       116,853        153,268


                 Cumulative realised gains arising from
                   sales and liquidations in the reporting period                                              (3,574)
   402   403   404   405   406   407   408   409   410   411   412