Page 226 - Exim iar24_Ebook

EXIM BANK MALAYSIA
224

NOTES TO THE FINANCIAL STATEMENTS

44. ISLAMIC BUSINESS (cont’d)
Notes to the financial statements for Islamic business fund and Takaful fund for the financial year ended 31 December 2024
(cont’d)

(d) Financial investments at fair value through other comprehensive income (cont’d)
The maturity profile of money market instruments are as follows:
Group and Bank
2024 2023
RM’000 RM’000
Within one year 60,362 71,107
One year to three years 80,591 60,917
Three years to five years 70,169 71,820
After five years 117,395 110,042
328,517 313,886

Movements in the ECL on financial investments at FVOCI are as follows:

Stage 2 Stage 3
Stage 1 Lifetime ECL Lifetime
12-month not credit ECL credit
ECL impaired impaired Total ECL
RM’000 RM’000 RM’000 RM’000
At 1 January 2023 87 - 100,000 100,087
Writeback during during the year (87) - - (87)
At 31 December 2023/1 January 2024 - - 100,000 100,000

At 31 December 2024 - - 100,000 100,000

(e) Financial investments at amortised cost
Group and Bank
2024 2023
RM’000 RM’000

Unquoted securities:
Corporate Bonds and Sukuk 445,555 454,408
Less: Allowance for ECL (279,948) (261,706)
Total financial investments at amortised cost 165,607 192,702