KENANGA ANNUAL REPORT 2022

325 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2022 KENANGA INVESTMENT BANK BERHAD Annual Report 2022 52. OPERATIONS OF ISLAMIC BANKING The Islamic banking operations of the Bank are as follows: (a) Statements of financial position as at 31 December 2022 Group and Bank Note 2022 RM’000 2021 RM’000 Assets Cash and bank balances (e) 438,476 424,712 Financial assets at FVTPL (f) 100,000 100,000 Financial investments at FVOCI (g)(i) 65,618 242,521 Financial investments at AC (g)(ii) 116,829 68,044 Financing and advances (h) 97,492 103,491 Balances due from clients and brokers 1,477 2,124 Other assets (i) 2,474 3,246 Property, plant and equipment 13 18 Intangible assets 2 3 Deferred tax assets 115 - Total assets 822,496 944,159 Liabilities Deposits from customers (j) 472,902 555,137 Balances due to clients and brokers 4,606 7,493 Other liabilities (k) 150,968 193,784 Deferred tax liabilities - 308 Provision for taxation and zakat 3,024 3,472 Total liabilities 631,500 760,194 Islamic banking capital funds Islamic banking funds 120,000 120,000 Reserves 70,996 63,965 Total Islamic banking capital funds 190,996 183,965 Total liabilities and Islamic banking capital funds 822,496 944,159

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