Bank Islam Integrated Annual Report 2020

4. CREDIT RISK (CONTINUED) 4.10 Off-Balance Sheet and Counterparties Credit Risk for the Group and the Bank (continued) (ii) As at 31 December 2019 Principal amount Positive fair value of derivative contracts Credit equivalent amount Risk weighted asset Nature of item RM’000 RM’000 RM’000 RM’000 Credit related Exposures Direct credit substitutes 416,059 416,059 413,653 Assets sold with recourse – – – Transaction related contingent items 930,689 465,344 442,978 Short term self–liquidating trade related contingencies 603,739 120,748 120,588 Other commitments, such as formal standby facilities and credit lines, with an original maturity of: – not exceeding one year – – – – exceeding one year 1,168,133 584,067 433,070 Unutilised credit card lines – – – Any commitments that are unconditionally cancelled at any time by the bank without prior notice or that effectively provide for automatic cancellation due to deterioration in a customer’s creditworthiness 7,892,943 – – 11,011,563 1,586,218 1,410,289 Derivative Financial Instruments Foreign exchange related contracts – less than one year 6,255,520 31,626 72,532 38,011 – one year to less than five years – – – – – Five years and above – – – – Profit rate related contracts – less than one year – – – – – one year to less than five years 147,098 1,700 7,240 4,886 – five years and above – – – – Equity related contracts – less than one year – – – – – one year to less than five years – – – – – Five years and above – – – – 6,402,618 33,326 79,772 42,897 Total 17,414,181 33,326 1,665,990 1,453,186 PILLAR 3 DISCLOSURE as at 31 December 2020 360 Financ ial Statement s Accountabi l i t y Addi t ional Informat ion