Focus Area Focus Area Key Initiatives Key Initiatives Results Results Investing in NonIndividual market growth Moved to secure more deals tied to positive ESG impacts Driving innovation for Value-based Intermediation Prudent management of trading and investment portfolio Continuously improved cash management tools for NonIndividual clients Appointed lead roles in ESG-rated Sukuk deals Committed to realising the Bank’s aspiration to create more assetbased/equity-based financing solutions Elevating the Investment Account platform towards value-based impact investment intermediary, managing risk associated with assets and allowing for capital optimisation opportunities Proactive efforts to increase fundbased income and non-fund-based income from Fixed Income Portfolios and Forex transactions Grew the Non-Individual market, increasing corporate deposits to RM34.4 billion Achieved significant improvement in the Non-Retail CASATIA Ratio, rising from 46% in 2022 to 54% in 2023 Increased the active subscriber base by 15%, reaching 16,000 in 2023, compared to 13,900 in 2022 In 2023, Bank Islam served as Lead Manager or Joint Lead Manager for 11 deals involving Sukuk distribution with positive ESG impact, including SRI Sukuk Launched the ISIA, the first investment account that provides differentiated avenues for investors into a new asset class, investing into SDG-aligned financing asset, with over RM1 billion in fund size Increased net profit, primarily driven by gains from non-fund-based income such as Forex income and investment income, with concurrent growth in fund-based income Liquidity Management Treasury & Markets 89 1 2 3 4 5 6 7 8 9 www.bankislam.com MANAGEMENT DISCUSSION AND ANALYSIS – BUSINESS REVIEW
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