KENANGA ANNUAL REPORT 2018

NOTES TO THE FINANCIAL STATEMENTS 31 December 2018 288 KENANGA INVESTMENT BANK BERHAD 52. OPERATIONS OF ISLAMIC BANKING (CONT’D.) (l) Income derived from investment of depositors’ funds Group and Bank 2018 2017 RM’000 RM’000 Finance income and hibah Financing and advances 4,312 4,880 Deposits and placements with financial institutions 10,085 11,312 Financial assets at fair value through profit or loss 7,096 2,328 Financial investments available-for-sale - 11,265 Financial investments held-to-maturity - 238 Financial investments other than those measured at FVTPL 28,291 - Accretion of discount (763) (637) 49,021 29,386 Other operating income Net loss on sale of financial assets at fair value through profit or loss (51) (255) Net gain on sale of financial investments other than those measured at FVTPL 1,088 - Net gain on sale of financial investments available-for-sale - 1 Fees on financing and advances 1,922 1,259 Brokerage fee 1,376 1,225 Profit income 2 - Advisory fee 313 500 Placement fee 27 35 Direct trading fees (302) (240) Other non-operating income 5 6 4,380 2,531 53,401 31,917