Page 224 - EXIM-Bank_Annual-Report-2023

EXIM BANk MALAySIA
222 A Vision to Serve Empowering Growth Management Discussion and Analysis
ANNUAL REPORT 2023
Notes to the fiNaNcial statemeNts

45. ISLAMIC BuSINESS FuNDS (cont’d)
Statement of profit or loss for the year ended 31 December 2023 (cont’d)

2023 2022
Islamic Islamic
business Takaful business Takaful
fund fund Total fund fund Total
Note rM’000 rM’000 rM’000 rM’000 rM’000 rM’000
restated restated restated
Allowances for ECL on
financial investments 570 - 570 (126,016) - (126,016)
Profit/(loss) before surplus
attributable to takaful
participants 35,341 10,818 46,159 (27,972) (832) (28,804)
Surplus attributable to
takaful participants - (10,818) (10,818) - - -
Profit/(loss) for the year
before zakat 35,341 - 35,341 (27,972) (832) (28,804)
Zakat - - - - - -
Net profit/(loss) for the year 35,341 - 35,341 (27,972) (832) (28,804)

Other comprehensive
income to be reclassified
to profit or (loss) in
subsequent periods:
Fair value changes on FVOCI 4,675 - 4,675 (10,019) - (10,019)
Net other comprehensive
income to be reclassified
to profit or (loss)
in subsequent periods 4,675 - 4,675 (10,019) - (10,019)
Total comprehensive
income/(loss) for the year 40,016 - 40,016 (37,991) (832) (38,823)