Bank Islam Integrated Annual Report 2020

7. FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME (“FVOCI”) (CONTINUED) (a) Debt instrument at FVOCI (continued) Movement of allowance for impairment on financial assets at FVOCI income: Group and Bank 2020 RM’000 2019 RM’000 Stage 1 At 1 January 265 302 Net allowances made during the year 138 (37) At 31 December 403 265 (b) Equity instrument at FVOCI Group Bank 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 Quoted Shares – outside Malaysia # 13,755 8,978 13,755 8,978 Unquoted Shares – in Malaysia* 50,194 37,979 50,932 38,717 – outside Malaysia 2 2 2 2 50,196 37,981 50,934 38,719 63,951 46,959 64,689 47,697 Equity instrument at FVOCI mainly comprise the following significant individual investment: Fair value Dividend income 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 # Amana Bank Limited 13,755 8,978 503 545 *Payment Networks Malaysia Sdn Bhd 49,478 37,264 – – Notes to the financial statements for the financial year ended 31 December 2020 224 Financ ial Statement s Accountabi l i t y Addi t ional Informat ion