Page 227 - EXIM-Bank_Annual-Report-2022

A VISION COMMITMENT EMPOWERING ENSURING ENHANCING FINANCIAL
TO SERVE TO LEAD GROWTH SUSTAINABILITY GOVERNANCE STATEMENTS 225

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.)
(f) Islamic financing (cont’d.)
(vii) Advances and financing analysed by facility and Shariah contract are as follows:

Murabahah Istisna tawarruq Ijarah total
rM’000 rM’000 rM’000 rM’000 rM’000
2022
At amortised cost
Malaysian Kitchen Financing Facility-i - - 1,374 - 1,374
Overseas Contract Financing-i - - 51,750 - 51,750
Overseas Investment Financing-i - - 31,428 - 31,428
Overseas Project Financing-i - 27,255 442,661 - 469,916
Supplier Financing-i 71,246 - 269,565 13,283 354,094
Term Financing-i 2,585 - 697,049 54,041 753,675
Vendor Financing-i - - 17,074 - 17,074
Gross financing 73,831 27,255 1,510,901 67,324 1,679,311
Allowances for ECL on advances and
financing
- 12-month ECL - Stage 1 - - - - (41,508)
- Lifetime not impaired ECL - Stage 2 - - - - (15,345)
- Lifetime ECL credit impaired - Stage 3 - - - - (337,389)
Net advances and financing 73,831 27,255 1,510,901 67,324 1,285,069

2021
At amortised cost
Buyer Credit-i - - - - -
Malaysian Kitchen Financing Facility-i - - 1,378 - 1,378
Overseas Contract Financing-i - - 30,989 - 30,989
Overseas Investment Financing-i - - 56,883 - 56,883
Overseas Project Financing-i - 25,869 438,131 - 464,000
Supplier Financing-i 78,601 - 814,586 42,607 935,794
Term Financing-i 3,081 - 660,904 54,603 718,588
Vendor Financing-i - - 52,271 - 52,271
Gross financing 81,682 25,869 2,055,142 97,210 2,259,903
Allowances for ECL on advances and
financing
- 12-month ECL - Stage 1 - - - - (27,064)
- Lifetime not impaired ECL - Stage 2 - - - - (80,941)
- Lifetime ECL credit impaired - Stage 3 - - - - (527,025)
Net advances and financing 81,682 25,869 2,055,142 97,210 1,624,873