Bank Islam Integrated Annual Report 2022

42. FAIR VALUE OF FINANCIAL INSTRUMENTS (CONTINUED) Fair value hierarchy (continued) Group 31 December 2022 Fair value of financial instruments carried at fair value Fair value of financial instruments not carried at fair value Total fair value RM’000 Carrying amount RM’000 Level 1 RM’000 Level 2 RM’000 Level 3 RM’000 Total RM’000 Level 3 RM’000 Financial assets Financial assets at FVTPL – 299,128 – 299,128 – 299,128 299,128 Derivative financial assets – 123,000 – 123,000 – 123,000 123,000 Financial assets at FVOCI 7,000 12,017,378 69,039 12,093,417 – 12,093,417 12,093,417 Financial assets at AC – – – – 3,008,360 3,008,360 3,055,256 Financing, advances and others – – – – 68,151,645 68,151,645 64,901,994 Financial liabilities Derivative financial liabilities – 137,324 – 137,324 – 137,324 137,324 Recourse obligations on financing sold to Cagamas – – – – 3,011,090 3,011,090 3,005,343 Subordinated sukuk and capital securities – – – – 2,181,013 2,181,013 2,222,092 Group 31 December 2021 Fair value of financial instruments carried at fair value Fair value of financial instruments not carried at fair value Total fair value RM’000 Carrying amount RM’000 Level 1 RM’000 Level 2 RM’000 Level 3 RM’000 Total RM’000 Level 3 RM’000 Financial assets Financial assets at FVTPL – 1,582,494 – 1,582,494 – 1,582,494 1,582,494 Derivative financial assets – 26,037 – 26,037 – 26,037 26,037 Financial assets at FVOCI 17,004 12,526,670 60,530 12,604,204 – 12,604,204 12,604,204 Financial assets at AC – – – – 1,330,502 1,330,502 1,348,844 Financing, advances and others – – – – 61,303,303 61,303,303 58,153,769 Financial liabilities Derivative financial liabilities – 20,421 – 20,421 – 20,421 20,421 Recourse obligations on financing sold to Cagamas – – – – 2,044,330 2,044,330 2,001,720 Subordinated sukuk and capital securities – – – – 2,009,745 2,009,745 2,014,849 Financial Statements 371 01 05 03 07 02 06 09 04 08 Bank Islam Malaysia Berhad

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