Bank Islam Integrated Annual Report 2020

9. INVESTMENT ACCOUNT (CONTINUED) 9.2 Governance Structure (continued) The roles and responsibilities of the above respective committees are as follows: Committee Responsibility Board of Directors (Board) Responsible to establish an effective governance arrangement to facilitate effective monitoring and control of the overall management and conduct of the IA. The adequacy of the governance arrangement shall commensurate with the nature, scale, complexity and risk profile associated with the conduct of the IA. Board Risk Committee (BRC) Assists the Board in performing independent oversight and provides recommendations in respect of the management, operations and performance of the IA, as well as to play the role of Board Investment Committee. Shariah Supervisory Council Advises and provides clarification on relevant Shariah rulings, decisions or policies on Shariah matters and endorses the terms and conditions stipulated in IA documentation and ensures that information published is in compliance with Shariah. Management Risk Control Committee Assists BRC in performing independent oversight and provides recommendations in respect of the management, operations and performance of the IA. 9.3 IA Performance 31 December 2020 31 December 2019 RM’000 RM’000 Gross Exposure: Financing funded by UA RM12,368,896,784.16 RM10,240,372.64 % % Return on Assets (“ROA”) 4.42% 5.44% Average Net Distributable Income 4.06% 5.14% Average/Proportion Net Distributable Income Attributable to the IAH 1.93% 2.41% Average Profit Sharing Ratio/Return to the IAH 47.56% 46.94% RM’000 RM’000 Impaired assets/financing funded by UA (bank-wide) 373,233.77 433,001.03 Total allowance for UA 40,354.48 21,485.95 Collective allowance provisions funded by UA NA NA Individual allowance provisions funded by UA NA NA PILLAR 3 DISCLOSURE as at 31 December 2020 372 Financ ial Statement s Accountabi l i t y Addi t ional Informat ion