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EXIM BANK MALAYSIA ANNUAL REPORT 2024
7 FINANCIAL STATEMENTS 227
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)
(f) Islamic financing (cont’d)
(v) Islamic gross advances and financing analysed by industry are as follows:
Group and Bank
2024 2023
RM’000 RM’000
Primary agriculture 12,435 12,827
Mining and quarrying 49,227 58,313
Manufacturing 978,639 509,004
Transport, storage and communication 243,159 269,071
Construction 433,073 582,577
Wholesale and retail trade, and restaurants and hotels 92,533 56,353
Other 597,718 150,210
2,406,784 1,638,355
(vi) Movements in impaired advances and financing are as follows:
Group and Bank
2024 2023
RM’000 RM’000
At 1 January 575,131 597,105
Impaired during the year 2,973 9,282
Recoveries (13,399) (8,915)
Written-off (2,389) (43,028)
Exchange differences (24,148) 20,687
At 31 December 538,168 575,131