Page 223 - EXIM-Bank_Annual-Report-2022

A VISION COMMITMENT EMPOWERING ENSURING ENHANCING FINANCIAL
TO SERVE TO LEAD GROWTH SUSTAINABILITY GOVERNANCE STATEMENTS 221

Notes to the fiNaNcial statemeNts

46. ISLaMIC BUSINESS FUNDS (cont’d.)
Notes to the financial statements for Islamic business fund and Takaful fund for the financial year ended 31 December
2022 (cont’d.)
(d) Financial investments at fair value through other comprehensive income

Group and Bank
2022 2021
rM’000 rM’000
At fair value
Corporate Bonds and Sukuk 367,282 713,680
Less: Allowance for ECL (100,087) (100,055)
Total financial investments at FVOCI 267,195 613,625

Included in financial investments at FVOCI are investments to meet the requirement of Sukuk Programme of the Group
amounting to RM29,852,000 (2021: RM92,046,500).
The maturity profile of money market instruments are as follows:

Group and Bank
2022 2021
rM’000 rM’000
Within one year 160,767 302,787
One year to three years 91,371 310,838
Three years to five years 15,057 -
After five years - -
267,195 613,625

Movements in the ECL on financial investments at FVOCI are as follows:

stage 2 stage 3
stage 1 Lifetime eCL Lifetime eCL
12-month not credit credit
eCL impaired impaired total eCL
rM’000 rM’000 rM’000 rM’000
At 1 January 2021 1,110 - 100,000 101,110
Writeback during the year (1,055) - - (1,055)

At 31 December 2021/1 January 2022 55 - 100,000 100,055
Allowances during year 32 - - 32
At 31 December 2022 87 - 100,000 100,087