Page 230 - Exim iar24_Ebook
P. 230

EXIM BANK MALAYSIA
          228

          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)
                 (vii) Advances and financing analysed by facility and Shariah contract are as follows:
                                                      Murabahah     Istisna   Tawarruq   Ijarah   Wakalah     Total
                                                         RM’000    RM’000    RM’000    RM’000    RM’000     RM’000
                     2024
                     At amortised cost
                      Malaysian Kitchen Financing
                        Facility-i                           -          -     1,341         -         -      1,341
                      Overseas Contract Financing-i          -          -    48,219         -         -     48,219
                      Overseas Investment Financing-i        -          -    69,986         -         -     69,986
                      Overseas Project Financing-i       26,302    27,798   320,217         -         -    374,317
                      Revolving Credit-i                     -          -    20,766         -         -     20,766
                      Supplier Financing-i               13,702         -   355,544    12,420    134,737   516,403
                      Term Financing-i                   98,430         -   1,207,091   49,227        -   1,354,748
                      Vendor Financing-i                     -          -    21,004         -         -     21,004

                     Gross financing                    138,434    27,798   2,044,168   61,647   134,737   2,406,784
                     Allowances for ECL on advances
                       and financing
                      - 12-month ECL - Stage 1               -          -         -         -         -    (63,156)
                      - Lifetime not impaired ECL
                        - Stage 2                            -          -         -         -         -    (28,703)
                      - Lifetime ECL credit impaired
                        - Stage 3                            -          -         -         -         -   (296,027)
                     Net advances and financing         138,434    27,798   2,044,168   61,647   134,737   2,018,898
   225   226   227   228   229   230   231   232   233   234   235