2. CAPITAL ADEQUACY (CONTINUED) 2.4 Capital Adequacy Ratios The Group is required to comply with the Common Equity Tier 1 (“CET 1”) Capital Ratio, Tier 1 Capital Ratio and Total Capital Ratio (“TCR”) as prescribed by BNM. The Group has been in compliance with all prescribed capital adequacy ratios throughout the period. Total capital and capital adequacy ratios of the Group have been computed based on the updated BNM’s CAFIB - Capital Components Guideline issued on 9 December 2020 and BNM’s CAFIB – RWA Guideline issued on 3 May 2019. The minimum regulatory capital adequacy ratios requirement for CET 1 capital ratio, Tier 1 capital ratio and TCR including capital buffers i.e., Capital Conservation Buffers (“CCB”) are 7.0%, 8.5% and 10.5% respectively. The CCB is intended to encourage the build-up of capital buffers by individual Islamic banking institutions during normal times that can be drawn down during stress periods. The table below shows the composition of the regulatory capital and capital adequacy ratios as of 31 December 2022, determined by the requirements of the CAFIB. The capital adequacy ratios of the Group and Bank are set as per below: (a) The capital adequacy ratios of the Group and of the Bank: Group Bank Before effect of IA 31.12.2022 31.12.2021 31.12.2022 31.12.2021 Before deducting proposed dividends CET 1 Capital Ratio 11.08% 11.39% 10.77% 11.03% Tier 1 Capital Ratio 11.95% 11.39% 11.64% 11.03% Total Capital Ratio 16.05% 16.03% 15.76% 15.69% After deducting proposed dividends CET 1 Capital Ratio 10.73% 10.82% 10.41% 10.45% Tier 1 Capital Ratio 11.60% 10.82% 11.28% 10.45% Total Capital Ratio 15.70% 15.47% 15.40% 15.11% Group Bank After effect of IA 31.12.2022 31.12.2021 31.12.2022 31.12.2021 Before deducting proposed dividends CET 1 Capital Ratio 13.58% 13.18% 13.23% 12.80% Tier 1 Capital Ratio 14.64% 13.18% 14.30% 12.80% Total Capital Ratio 19.39% 18.56% 19.07% 18.20% After deducting proposed dividends CET 1 Capital Ratio 13.15% 12.53% 12.80% 12.13% Tier 1 Capital Ratio 14.21% 12.53% 13.86% 12.13% Total Capital Ratio 18.96% 17.91% 18.64% 17.53% Financial Statements 389 01 05 03 07 02 06 09 04 08 Bank Islam Malaysia Berhad
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