Bank Islam Integrated Annual Report 2023

9. OTHER FINANCIAL ASSETS AT AC Group Bank 2023 RM’000 2022 RM’000 2023 RM’000 2022 RM’000 Other receivables 797,740 550,417 702,631 458,443 Deposit and prepayments 68,579 53,241 61,563 45,939 Related companies* 1,136 1,174 2,756 1,175 867,455 604,832 766,950 505,557 Less: Allowance for impairment Stage 3 – Other receivables (3,642) (4,086) (3,642) (4,086) 863,813 600,746 763,308 501,471 * This relates to amounts due from subsidiaries and related companies that are unsecured, not subject to compensation charges for late payment and repayment is neither fixed nor expected. 10. STATUTORY DEPOSITS WITH BANK NEGARA MALAYSIA The non-interest bearing statutory deposits are maintained with Bank Negara Malaysia in compliance with Section 26(2) (c) of the Central Bank of Malaysia Act, 2009, the amount of which are determined as set percentages of total eligible liabilities. 310 Notes to the Financial Statements for the financial year ended 31 December 2023 Bank Islam Malaysia Berhad ◆ Integrated Annual Report 2023

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