Page 234 - EXIM-Bank_Annual-Report-2023

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

45. ISLAMIC BuSINESS FuNDS (cont’d)
Notes to the financial statements for Islamic business fund and Takaful fund for the financial year ended 31 December 2023
(cont’d)
(f) Islamic financing (cont’d)
(vii) Advances and financing analysed by facility and Shariah contract are as follows: (cont’d)

Murabahah Istisna Tawarruq Ijarah Total
rM’000 rM’000 rM’000 rM’000 rM’000
2022

At amortised cost
Buyer Credit-i - - - - -
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