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210 EXIM BANK MALAYSIA
Annual Report 2020

NOTES TO THE FINANCIAL STATEMENTS

44. ISLAMIC BUSINESS FUNDS (CONT’D.)
Notes to the financial statements for Islamic business fund and Takaful fund for the financial year ended 31 December
2020 (cont’d.)

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

Murabahah Istisna Bai’Dayn Tawarruq Ijarah Total
2020 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000

At amortised cost
Malaysian Kitchen
Financing Facility-i - - - 2,204 - 2,204
Overseas Contract
Financing-i - - - 84,189 - 84,189
Overseas Investment
Financing-i - - - 114,292 - 114,292
Overseas Project
Financing-i - 25,061 - 431,006 - 456,067
Supplier Financing-i 123,263 - - 996,046 131,718 1,251,027
Term Financing-i 3,840 - - 687,321 170,028 861,189
Vendor Financing-i - - - 57,316 - 57,316

Gross financing 127,103 25,061 - 2,372,374 301,746 2,826,284
Allowances for expected
credit losses on advances
and financing
- 12-month ECL - Stage 1 - - - - - (30,304)
- Lifetime not impaired
ECL - Stage 2 - - - - - (54,662)
- Lifetime ECL credit
impaired - Stage 3 - - - - - (657,977)
Net advances and financing 127,103 25,061 - 2,372,374 301,746 2,083,341