46. RELATED PARTY TRANSACTIONS (CONTINUED) (a) The related party transactions of the Bank, other than key management personnel compensation, are as follows Transaction amount for Group Bank 2023 RM’000 2022 RM’000 2023 RM’000 2022 RM’000 Major shareholder Income Wakalah fee 11 59 11 59 Office rental 32 68 32 68 Fees and commission 504 401 – – Expenses Income attributable to depositors 57,658 40,164 57,658 40,164 Income attributable to investment account holders 5,868 12,074 5,868 12,074 Finance cost on subordinated sukuk and capital securities 5,579 4,318 5,579 4,318 Office rental 1,107 1,250 1,107 1,250 Depreciation of right-of-use assets 13,193 13,193 13,193 13,193 Profit expense on lease 16,006 16,550 16,006 16,550 Other rental 341 359 341 359 Subsidiaries Income Fees and commission – – 3,298 4,466 Office rental – – 468 563 Dividend – – 80,000 3,000 Others – – 111 30 Expenses Fees and commission – – 29,551 17,618 Income attributable to depositors – – 353 181 Income attributable to investment account holders – – 1,497 2,469 Office rental – – 216 196 Other related companies Income Income from financing, advances and others 16,995 608 16,995 608 Fees and commission income 867 34 867 34 Expenses Fees and commission 65 – 65 – Income attributable to depositors 6,776 3,976 6,776 3,976 Income attributable to investment account holders 321 403 321 403 Office rental 72 – – – 402 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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