46. RELATED PARTY TRANSACTIONS (CONTINUED) (a) The related party transactions of the Bank, other than key management personnel compensation, are as follows (continued) Group and Bank 2023 RM’000 2022 RM’000 Co-operative society in which the employees have interest Income Income from financing, advances and others 2,501 2,562 Expenses Income attributable to depositors 1 4 Income attributable investment account holders – 18 Others 90 183 The inter-company charge with related parties were mainly transacted in Central region. (b) The outstanding balances of the Bank with related parties, are as follows: Group Bank 2023 RM’000 2022 RM’000 2023 RM’000 2022 RM’000 Major shareholder Amount due from Financing, advances and others – 10 – 10 Amount due to Deposits from customers 1,685,296 2,156,712 1,685,296 2,156,712 Investment account of customers 1,000,000 400,000 1,000,000 400,000 Income payable to depositors 1,382 2,815 1,382 2,815 Income payable to investment account holders 2,096 8,252 2,096 8,252 Subordinated sukuk and capital securities 145,000 135,000 145,000 135,000 Finance cost payable on subordinated sukuk and capital Securities 1,409 1,328 1,409 1,328 Subsidiaries Amount due from Other receivables – – 1,613 12 Amount due to Deposits from customers – – 23,634 112,203 Investment account of customers – – 19,378 102,144 Income payable to depositor – – 117 64 Income payable to investment account holders – – 59 1,379 Other payables – – 2,335 2,688 403 1 2 3 4 5 6 7 8 9 www.bankislam.com FINANCIAL STATEMENTS
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