KENANGA ANNUAL REPORT 2020

304 5 1 2 3 4 6 7 FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS 31 December 2020 52. OPERATIONS OF ISLAMIC BANKING The Islamic banking operations of the Bank are as follows: (a) Statements of financial position as at 31 December 2020 Group and Bank Note 2020 RM’000 2019 RM’000 Assets Cash and bank balances (e) 452,323 982,933 Financial assets at FVTPL (f) 100,000 100,000 Financial investments at FVOCI (g)(i) 228,701 157,374 Financial investments at AC (g)(ii) 66,822 30,087 Financing and advances (h) 113,928 169,155 Balances due from clients and brokers 1,459 410 Other assets (i) 3,941 4,692 Property, plant and equipment 26 28 Intangible assets 2 12 Total assets 967,202 1,444,691 Liabilities Deposits from customers (j) 665,493 1,174,263 Balances due to clients and brokers 4,409 2,670 Other liabilities (k) 112,951 98,311 Deferred tax liabilities 1,613 1,121 Provision for taxation and zakat 4,342 3,822 Total liabilities 788,808 1,280,187 Islamic banking capital funds Islamic banking funds 120,000 120,000 Reserves 58,394 44,504 Total Islamic banking capital funds 178,394 164,504 Total liabilities and Islamic banking capital funds 967,202 1,444,691