Page 245 - EXIM-Bank_Annual-Report-2023

Management Discussion and Analysis Ensuring Sustainability Commitment to Lead Upholding Accountability Financial Statements 243

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)
(q) Shariah directors remuneration (cont’d)
Fees Total
rM’000 rM’000
Group and Bank
2022

Shariah Committee Members (Note 31):
Prof. Datin Dr. Rusni Hassan 84 84
Dr. Safinar Salleh 54 54
Dr. Ghazali Jaapar 56 56
Dr. Muhammad Syahmi Mohd Karim 56 56
Prof. Dr. Muhammad Ridhwan Ab. Aziz 31 31
281 281

(r) Liquidity risk management
Measurement

Table below analyses assets and liabilities of the Islamic business’s according to their contractual maturity:
on Less than 3 to 12 1 to 5 over 5
demand 3 months months years years Total
rM’000 rM’000 rM’000 rM’000 rM’000 rM’000

Islamic business
2023

Assets
Cash and bank balances 6,173 - - - - 6,173
Deposits and placements
with banks and other
financial institutions - 1,114,921 - - - 1,114,921
Financial investments at fair value
through profit or loss - - - - 6,377 6,377
Financial investments at fair value
through other comprehensive
income - - 71,107 132,737 110,042 313,886
Financial investments at amortised
cost - - - - 192,702 192,702
Islamic financing - - 390,274 594,670 295,895 1,280,839
Other assets 677 - - - - 677
Total assets 6,850 1,114,921 461,381 727,407 605,016 2,915,575