Kenanga Investment Bank Berhad Annual Report 2021 332 Our Sustainability Approach About This Report We Are Kenanga Message From Chairman and GMD 52. OPERATIONS OF ISLAMIC BANKING (CONT’D.) (k) Other liabilities Group and Bank 2021 RM’000 2020 RM’000 Mudarabah Specific Investment Account 12,630 36,000 Profit payables 2,277 5,309 Other payables 178,877 71,642 193,784 112,951 Included in other payables is funds pending distribution to charitable organisations: Group and Bank 2021 RM’000 2020 RM’000 Balance as at 1 January 7 7 Distribution during the year (7) - Balance as at 31 December - 7 (l) Income derived from investment of depositors’ funds Group and Bank 2021 RM’000 2020 RM’000 Finance income and hibah Financing and advances 1,921 3,890 Deposits and placements with financial institutions 6,864 15,503 Financial investments other than those measured at FVTPL 9,982 11,096 Accretion of discount (496) (899) Others 2 19 18,273 29,609 Other operating income Net (loss)/gain on sale of financial assets at FVTPL (1,014) 1,442 Net gain on sale of financial investments other than those measured at FVTPL 1,571 1,974 Fees on financing and advances 461 755 Brokerage fee 4,952 7,157 Profit income 4,871 5,766 Advisory fee 218 303 Direct trading fees (121) (234) Other operating income - 2 Other non-operating income 18 131 10,956 17,296 29,229 46,905 Notes to the Financial Statements 31 December 2021
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