CORPORATE BOOK This report is available online via the Bank Islam website. SCOPE AND BOUNDARY OF REPORTING This IAR is produced and published annually, covering our financial and non-financial performance for the reporting period from 1 January to 31 December 2023, unless otherwise stated. The report provides a complete and balanced review of the primary activities of the Group, namely our overall performance and the delivery of initiatives towards achieving our goals, providing material information relating to our strategy and business model, operating environment, material risks, stakeholder interests, performance, governance and prospects. The boundary of the report extends beyond financial reporting. It includes non-financial performance, opportunities, risks and outcomes attributable to/or associated with our key stakeholders, which directly or indirectly influence our ability to create sustainable value. REPORTING FRAMEWORKS Bank Islam’s integrated reporting process, as well as the contents of this report, are guided by the principles and requirements of the following: • Malaysian Code on Corporate Governance (MCCG) 2021 • Companies Act 2016 • Malaysian Financial Reporting Standards (MFRS) • Bank Negara Malaysia Corporate Governance Policy • Bursa Malaysia’s Main Listing Requirement on Sustainability Reporting • Bursa Malaysia’s Sustainability Reporting Guide • Global Reporting Initiative (GRI) Sustainability Reporting Standards • Task Force on Climate-Related Financial Disclosures (TCFD) • The United Nations Sustainable Development Goals (UNSDGs) This report was developed with reference to the following standards, guidelines, and best practices. • Value Reporting Foundation (VRF) • Malaysian Code on Corporate Governance (MCCG) 2021 by Securities Commission Malaysia • Companies Act 2016 • Bank Negara Malaysia Corporate Governance Policy Aligned with our theme “Inspiring Progress, Ensuring Sustainability for All,” Bank Islam Malaysia Berhad’s Integrated Annual Report (IAR) 2023 offers a balanced view of both financial and non-financial performance, measured against key sustainability metrics. It demonstrates our commitment to deliver sustainable value for all stakeholders, built on a foundation of longterm value creation, responsible Islamic banking practices and positive contributions to a more sustainable future. CONTENTS • Provides a comprehensive overview of the Group’s performance for 2023 and the outlook for 2024 About Our Report
RkJQdWJsaXNoZXIy NDgzMzc=