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224 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.)

(q) Liquidity risk management (cont’d.)
The following tables show the contractual undiscounted cash flow payable for non-derivatives financial liabilities.
The financial liabilities in the tables below do not agree to the balances in the statement of financial position as the
tables incorporate all contractual cash flows, on an undiscounted basis, relating to both principal and interest payments.
The maturity profile does not necessarily reflect behavioural cash flows. (cont’d.)
On Less than 3 to 12 1 to 5 Over 5
Islamic business demand 3 months months years years Total
RM’000 RM’000 RM’000 RM’000 RM’000 RM’000

2019
Derivative financial liabilities
instruments - 28,363 80,517 634,629 65,537 809,046

Non-derivative financial liabilities
Borrowings - 403,749 319,223 466,818 80,769 1,270,558
Other liabilities 1,526,573 - - - - 1,526,573
Total financial liabilities 1,526,573 403,749 319,223 466,818 80,769 2,797,131

Commitments and contingencies
Banking operation commitments
Contracted but not provided for:
Guarantee facility 29,368 - - - - 29,368
Letter of credit 2,225 - - - - 2,225
Undrawn loans and financing 3,662 366,644 584,143 69,844 227,662 1,251,955
35,255 366,644 584,143 69,844 227,662 1,283,548

Insurance operation commitments
Contracted but not provided for:
Within one year - - 727,906 - - 727,906
One year or later and no later
than five years - - - 171,906 - 171,906
- - 727,906 171,906 - 899,812

Total commitments and
contingencies 35,255 366,644 1,312,049 241,750 227,662 2,183,360