KENANGA ANNUAL REPORT 2018

NOTES TO THE FINANCIAL STATEMENTS 31 December 2018 279 ANNUAL REPORT 2018 52. OPERATIONS OF ISLAMIC BANKING The Islamic banking operations of the Bank are as follows: (a) Statements of financial position as at 31 December 2018 Group and Bank Note 2018 2017 RM’000 RM’000 Assets Cash and bank balances (e) 420,144 532,663 Financial assets at fair value through profit or loss (f) 119,861 122,501 Financial investments at FVOCI (g)(i) 774,466 - Financial investments at amortised cost (g)(ii) 30,102 - Financial investments available-for-sale (g)(iii) - 199,576 Financial investments held-to-maturity (g)(iv) - 5,001 Financing and advances (h) 173,911 172,052 Balances due from clients and brokers 929 7,497 Other assets (i) 26,489 22,788 Property, plant and equipment 89 104 Total assets 1,545,991 1,062,182 Liabilities Deposits from customers (j) 1,274,758 819,296 Balances due to clients and brokers 1,712 1,378 Other liabilities (k) 114,945 97,802 Deferred tax liabilities 92 15 Provision for taxation and zakat 3,432 2,177 Total liabilities 1,394,939 920,668 Islamic banking capital funds Islamic banking funds 120,000 120,000 Reserves 31,052 21,514 Total Islamic banking capital funds 151,052 141,514 Total liabilities and Islamic banking capital funds 1,545,991 1,062,182