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ANNUAL REPORT 2021 225

Notes to the fiNaNcial statemeNts

44. islamic bUsiness fUnDs (cOnt’D.)

Notes to the financial statements for Islamic business fund and Takaful fund for the financial year ended 31 December 2021
(cont’d.)
(g) Income derived from investment of Islamic banking fund
Group and Bank
2021 2020
RM’000 RM’000

Islamic financing:
Murabahah 20,336 43,488
Istisna’ - 3,389
Tawarruq 47,997 47,939
Ijarah 1,020 1,821
Effects on modification loss, to contractual cash flow of financial assets - (16,171)
Recoveries from impaired financing 15,060 7,119
Deposits and placements with banks and other financial institutions 38,004 44,434
Financial investments 26,257 27,262
Net income from profit rate swaps 119 612
148,793 159,893

(h) Other (expenses)/income
Group and Bank
2021 2020
RM’000 RM’000

Fee Income 989 8,725
Foreign exchange (loss)/gain
- unrealised (51,431) (19,729)
- realised 35,513 17,525
Unrealised (loss)/gain on derivatives (1,542) 1,363
Unrealised gain on Sukuk 161 3,004
(16,310) 10,888