Bank Islam Integrated Annual Report 2020

Area of Focus ČɽɨƃɽljǼȈƺ Ãƃɽɽljɨɰ :ɁȶɰȈǁljɨljǁ ƹʰ ɽȃlj 9Ɂƃɨǁ Ȉȶ ѵѳѵѳ Risk Management & Compliance ĄȈɰȟ ɥɥljɽȈɽlj Čɽƃɽljȴljȶɽ ĀɁȢȈƺʰ ѵѳѵѴ ĄȈɰȟ ȴƃȶƃǼljȴljȶɽ ɨljȢƃɽljǁ ɥɁȢȈƺȈljɰӗ ƺɨljǁȈɽ ɥɁȢȈƺȈljɰ ƃȶǁ Ɂɽȃljɨ ɰȈǼȶȈǹȈƺƃȶɽ ɁɥljɨƃɽȈɁȶƃȢ ɥɁȢȈƺȈljɰ Čɽɨljɰɰ ěljɰɽȈȶǼ ƃȶǁ Ȉȴɥƃƺɽ ǁʍlj ɽɁ {ȢɁƹƃȢ ĀƃȶǁljȴȈƺ ĩɥǁƃɽljɰ Ɂȶ ɽȃlj ȈȴɥȢljȴljȶɽƃɽȈɁȶ Ɂǹ ŽȶɽljɨȶƃȢ :ƃɥȈɽƃȢ ǁljɧʍƃƺʰ ɰɰljɰɰȴljȶɽ ĀɨɁƺljɰɰ ӯŽ: ĀӰ ĄljɰɥɁȶɰlj ɽɁ 9Çà :ɁȴɥɁɰȈɽlj ĄȈɰȟ ĄƃɽȈȶǼ ѵѳѴѼ ĄȈɰȟ ÃƃȶƃǼljȴljȶɽ ƃȶǁ :ɨljǁȈɽ ÃƃȶƃǼljȴljȶɽ AƃɰȃƹɁƃɨǁ :ɁȴɥȢȈƃȶƺlj ɨljȢƃɽljǁ ɥɁȢȈƺȈljɰ ʥȃȈƺȃ ȈȶƺȢʍǁlj ȶɽȈӸ9ɨȈƹljɨʰ ĀɁȢȈƺʰ ƃȶǁ :ɁɨɨʍɥɽȈɁȶ ĀɁȢȈƺʰӗ ŚȃȈɰɽȢlj 9ȢɁʥȈȶǼ ĀɁȢȈƺʰӗ ÃƃȶƃǼljȴljȶɽ Ɂǹ :ʍɰɽɁȴljɨ ŽȶǹɁɨȴƃɽȈɁȶ ƃȶǁ ĀljɨȴȈɽɽljǁ AȈɰƺȢɁɰʍɨlj ĀɁȢȈƺʰ ƃȶǁ ěɨljƃɽ :ʍɰɽɁȴljɨɰ yƃȈɨȢʰ :ȃƃɨɽljɨ ĄljʤȈljʥ Ɂǹ ĀɁʥljɨ Ɂǹ ɽɽɁɨȶljʰ ƃʍɽȃɁɨȈɽʰ ȢȈȴȈɽ Governance 9Ɂƃɨǁ KʤƃȢʍƃɽȈɁȶ ѵѳѴѼ ĄljʤȈljʥ Ɂǹ 9Ɂƃɨǁ :ȃƃɨɽljɨ ƃȶǁ ěljɨȴɰ Ɂǹ Ąljǹljɨljȶƺlj Ɂǹ ɽȃlj 9Ɂƃɨǁ ƃȶǁ 9Ɂƃɨǁ :ɁȴȴȈɽɽljljɰ Çljʥ ČČ: :ȃƃɨɽljɨ ƃȶǁ ɨljʤȈljʥ Ɂǹ Ȉɽɰ ěljɨȴɰ Ɂǹ Ąljǹljɨljȶƺlj ČȃƃɨȈƃȃ {Ɂʤljɨȶƃȶƺlj ĀɁȢȈƺʰ Ӹ {ƃɥ ȶƃȢʰɰȈɰ ƃȶǁ ƺɽȈɁȶ ĀȢƃȶ :ɁɨɥɁɨƃɽlj {Ɂʤljɨȶƃȶƺlj AȈɰƺȢɁɰʍɨlj Ȉȶ 9ƃȶȟ ŽɰȢƃȴ ŽȶɽljǼɨƃɽljǁ ȶȶʍƃȢ ĄljɥɁɨɽ ѵѳѴѼ ɥɥɁȈȶɽȴljȶɽ Ɂǹ ȶljʥ :ȃƃȈɨȴƃȶ Ɂǹ ɽȃlj 9ƃȶȟ ʥȃɁ Ȉɰ ƃȶ Žȶǁljɥljȶǁljȶɽ ÇɁȶӸKʯljƺʍɽȈʤlj AȈɨljƺɽɁɨ ӯŽÇKAӰӗ Ɂȶlj ӯѴӰ ȶljʥ ŽÇKA ƃȶǁ Ɂȶlj ӯѴӰ ȶljʥ ČČ: ȴljȴƹljɨ ĄljӸƃɥɥɁȈȶɽȴljȶɽ Ɂǹ Ɂȶlj ӯѴӰ Žȶǁljɥljȶǁljȶɽ ÇɁȶӸKʯljƺʍɽȈʤlj AȈɨljƺɽɁɨ ƃȶǁ ɽʥɁ ӯѵӰ ČČ: Ãljȴƹljɨɰ ĄljʤȈljʥ Ɂǹ ɽȃlj 9Ɂƃɨǁ :ɁȴȴȈɽɽljljɰԇ ƺɁȴɥɁɰȈɽȈɁȶ ĄljʤȈljʥ Ɂǹ ĄljȴʍȶljɨƃɽȈɁȶ ծ 9ljȶljǹȈɽɰ ǹɁɨ AȈɨljƺɽɁɨɰ ƃȶǁ ČČ: ȴljȴƹljɨɰ Human Capital ĄljʤȈljʥ Ɂǹ ɰɽƃǹǹ ǹȈȶƃȶƺȈȶǼ ƹljȶljǹȈɽɰ Career transition scheme ŽȴɥȢljȴljȶɽƃɽȈɁȶ Ɂǹ yȢljʯȈƹȢlj ŚɁɨȟ ɨɨƃȶǼljȴljȶɽ ȢȈǼȶȴljȶɽ Ɂǹ ƺɁȴɥljȶɰƃɽȈɁȶ ǁljɰȈǼȶ ǹɁɨ ɽȃlj ɰƃȢljɰ ɨɁȢlj Ȉȶ :Ɂȶɰʍȴljɨ 9ƃȶȟȈȶǼ ƃȶǁ :ƃɰȃ ծ Deposit Management ɥɥɁȈȶɽȴljȶɽ Ɂǹ ȶljʥ ‰ljƃǁ Ɂǹ AȈʤȈɰȈɁȶ ɽɁ ǹȈȢȢ ʍɥ ʤƃƺƃȶƺʰ ĄljȶljʥƃȢ Ɂǹ ƺɁȶɽɨƃƺɽ Ɂǹ ɰljɨʤȈƺlj Ɂǹ ČljȶȈɁɨ ÃƃȶƃǼljȴljȶɽ ƃȶǁ ɽȃljȈɨ ɨljȴʍȶljɨƃɽȈɁȶ ĀljɨǹɁɨȴƃȶƺlj ɨljʤȈljʥ Ɂǹ :ɁɨɥɁɨƃɽlj ¶ĀŽɰ ǹɁɨ ѵѳѴѼ ȶȶʍƃȢ ɨljʥƃɨǁ ǹɁɨ ČljȶȈɁɨ ÃƃȶƃǼljȴljȶɽ ƹƃɰljǁ Ɂȶ ɽȃljȈɨ ɥljɨǹɁɨȴƃȶƺlj ƃȶǁ ¶ĀŽɰ Directors’ Indemnity Bank Islam continues to provide and maintain indemnification for its Directors throughout the financial year as allowed ʍȶǁljɨ ɽȃlj :ɁȴɥƃȶȈljɰ ƺɽ ѵѳѴѹ ɽɁ ɽȃlj ljʯɽljȶɽ Ȉɽ Ȉɰ ȈȶɰʍɨƃƹȢlj ʍȶǁljɨ ɽȃlj AȈɨljƺɽɁɨɰԇ ƃȶǁ ÝǹǹȈƺljɨɰԇ ¸ȈƃƹȈȢȈɽʰ Žȶɰʍɨƃȶƺlj ӯAծÝӰ procured by the holding company, BIMB Holdings Berhad. Directors and Officers are indemnified against any liability incurred by them in discharging their duties while holding office as Directors and Officers of the Bank. Succession Planning ěȃlj 9Ɂƃɨǁ ȃƃɰ ƃ 9Ɂƃɨǁ ɰʍƺƺljɰɰȈɁȶ ɥȢƃȶ ǹɨƃȴljʥɁɨȟ ɽɁ ƃɰɰȈɰɽ ɽȃljȴ Ȉȶ ɥƃɨɽȈƺʍȢƃɨӗ ɽȃlj 9ÇĄ:ӗ Ȉȶ ljȶɰʍɨȈȶǼ ɽȃlj ɁɨǁljɨȢʰ ȈǁljȶɽȈǹȈƺƃɽȈɁȶ ƃȶǁ ɰljȢljƺɽȈɁȶ Ɂǹ ȶljʥ ÇɁȶӸKʯljƺʍɽȈʤlj AȈɨljƺɽɁɨɰ Ȉȶ ɽȃlj ljʤljȶɽ Ɂǹ ƃȶ ɁɥljȶȈȶǼ Ɂȶ ɽȃlj 9Ɂƃɨǁӗ ʥȃljɽȃljɨ ɰʍƺȃ ɁɥljȶȈȶǼ ljʯȈɰɽɰ ƹʰ reason of an anticipated retirement, an unanticipated departure, the expansion of the size of the Board, or otherwise. Such structured succession plan addresses the composition and effectiveness of the Board. In addition to the succession plan for AȈɨljƺɽɁɨɰӗ ɽȃlj 9ÇĄ: ƃȢɰɁ Ɂʤljɨɰljljɰ ɽȃlj ƃɥɥɁȈȶɽȴljȶɽ ƃȶǁ ɰʍƺƺljɰɰȈɁȶ ɥȢƃȶȶȈȶǼ ǹɁɨ ȟljʰ ČljȶȈɁɨ ÃƃȶƃǼljȴljȶɽ Ɂǹ ɽȃlj 9ƃȶȟӝ 142 Accountabi l i t y Leader ship Financ ial Statement s CORPORATE GOVERNANCE OVERVIEW STATEMENT