9988112277--XX

FINANCIAL HIGHLIGHTS

11

STATISTICAL REVIEW FOR FIVE YEARS

22

CORPORATE INFORMATION

33

DIRECTORS’ REPORT

44--88

STATEMENT BY DIRECTORS

99

STATUTORY DECLARATION

1100

AUDITORS’ REPORT

1111

BALANCE SHEET

1122

INCOME STATEMENT 1133

STATEMENT OF CHANGES IN EQUITY 1144

CASH FLOW STATEMENT 1155--1166

NOTES TO THE FINANCIAL STATEMENTS 1177--3344

REPORT OF THE SHARIAH SUPERVISORY COUNCIL

3355

SHAREHOLDERS STATISTICS AS AT 31 OCTOBER 2002

3366

HEAD OFFICE, SUBSIDIARIES

AND BRANCH NETWORK

3377--5522

9988112277--XX

FINANCIAL YEAR ENDED 30 JUNE 2002 2001 2000 1999 1998

RM’000 RM’000 RM’000 RM’000 RM’000 SELECTED INCOME ITEMS

PROFIT BEFORE ZAKAT AND TAX PROFIT AFTER ZAKAT AND TAX

66,18929,948

56,383 24,955

42,761 21,165

47,950 45,604

11,525 1,017

SELECTED BALANCE SHEET ITEMS

ASSETS TOTAL ASSETS FINANCING OF CUSTOMERS DEALING SECURITIES INVESTMENT SECURITIES

12,130,9155,689,0022,635,969

577,068

10,335,296 5,033,050 1,413,590

598,708

8,492,306 3,886,903 1,423,615

494,546

6,760,386 3,403,511

693,858 531,806

4,904,385 2,946,440

144,283 767,621

LIABILITIES TOTAL CUSTOMERS’ DEPOSITS SHAREHOLDERS FUND

10,760,6191,027,236

8,784,993

997,288

7,295,364

978,453

5,617,422

962,688

3,718,791

927,884

GROWTH RATE

PROFIT BEFORE ZAKAT AND TAX TOTAL ASSETS TOTAL FINANCING TOTAL SHAREHOLDERS’ FUND TOTAL DEPOSITS

17.39%17.37%13.03%3.00%

22.49%

31.85% 21.70% 29.48% 1.92%

20.41%

(10.82% )

25.62% 14.20% 1.64%

29.87%

316.0% 37.84% 15.50% 3.75%

51.10%

(76.00%)

9.00% 19.00%

229.00% 0.06%

RATIOS ANALYSIS

RETURN ON ASSETS RETURN ON SHAREHOLDERS’ FUND CAPITAL ADEQUACY RATIO NON-PERFORMING FINANCING FINANCING TO DEPOSIT RATIO EARNINGS PER SHARE (EPS) NET TANGIBLE ASSETS BACKIN0G

0.55%6.44%

14.70%10.78%52.87%6.0 sen205 sen

0.55% 5.65%

16.10% 11.23% 57.29% 5.0 sen

199 sen

0.50% 4.37%

20.00% 13.10% 53.28% 4.2 sen

196 sen

0.71% 4.98%

24.70% 7.58%

60.59% 9.1 sen

193 sen

0.23% 1.24%

29.40% 8.64%

79.23% 0.2 sen

186 sen

11

9988112277--XX

STATISTICAL REVIEW FOR FIVE YEARS

Shareholders Fund

927.88 962.69 973.05 997.29 1027.24

0200400600800

1,0001,200

1998 1999 2000 2001 2002Year

RM

mill

ion

Reserves

427.88 462.69 473.05 497.29 527.24

0100200300400500600700

1998 1999 2000 2001 2002Year

RM

mill

ion

Share Capital

500 500 500 500 500

0100200300400500600700

1998 1999 2000 2001 2002Year

RM

mill

ion

Total Deposits

10,7618,7857,295

5,6173,457

02,0004,0006,0008,00010,00012,00014,000

1998 1999 2000 2001 2002Year

RM

mill

ion

Financing of Customers

3,211 3,404 3,8875,033 5,689

01,0002,0003,0004,0005,0006,0007,000

1998 1999 2000 2001 2002Year

RM

mill

ion

Total Assets

10,3358,492

6,7605,019

12,131

02,0004,0006,0008,00010,00012,00014,000

1998 1999 2000 2001 2002Year

RM

mill

ion

Profit before Zakat and Taxation66.2

56.442.848.0

11.5

0

20

40

60

80

1998 1999 2000 2001 2002Year

RM

mill

ion

Dividend Rate

2.11.73.0

0.01.5

024681012

1998 1999 2000 2001 2002Year

Perc

enta

ge(%

)

22

9988112277--XX

CCOORRPPOORRAATTEE IINNFFOORRMMAATTIIOONN

BOARD OF DIRECTORS

Chairman Dato’ Mohd Yusoff Hj. Nasir

Deputy Chairman Managing Director

Mohd Bakke Salleh Dato’ Ahmad Tajudin Abdul Rahman (Appointed on 3 June, 2002)

Members Ibrahim Mahaludin Puteh Dato’ Dr. Ismail Saad Mahmoud Jamil Hassoubah Prof. Dr. Muhamad Muda Dato’ Hj. Mohamad Shafie (Resigned on 3 June, 2002)

Dr. Jamal Muhammad Al-Barzinji Nik Azman Nik Abdul Majid

(Alternate to Ibrahim Mahaludin Puteh) Mustapha Hamat (Alternate to Dr. Jamal Muhammad

Al-Barzinji; resigned on 28 February 2002)

Chairman

Dr. Ahmad Shahbari @ Sobri Salamon

Members S.S. Dato’. Hj. Md. Hashim Hj. Yahaya Prof. Madya Dr. Abdullah Hj. Ibrahim Y.A.A Dato’ Sheikh Ghazali

Hj Abdul Rahman Mohd. Bakir Haji Mansor

Secretary Abdul Ghani Endut

Nazlan Ozizi Ibrahim (MIA 1826) Saiful Nizam Yasin (LA 06929)

Dato’ Ahmad Tajudin Abdul Rahman

Managing Director

Ismail Mahayudin Senior General Manager Treasury & International Banking

Dato’ Fadzil Yusoff

Senior General Manager Legal & Human Resources

Hamdan Mohd. Bintang General Manager Corporate & Commercial Banking

Nazlan Ozizi Ibrahim General Manager Finance

Wan Ismail Wan Yusoh General Manager Consumer Banking

Thalip Md. Yasin

General Manager Consumer Banking (Retired on 20 May, 2002)

Chairman

Dato’ Dr. Ismail Saad

Members Mohd Bakke Salleh Prof. Dr. Muhamad Muda

Secretaries Nazlan Ozizi Ibrahim Saiful Nizam Yasin

MANAGEMENT COMMITTEE SHARIAH SUPERVISORY COUNCIL

SECRETARIES

AUDIT COMMITTEE

33

9988112277--XX DIRECTORS’ REPORT The directors hereby submit their report together with the audited financial statements of the Bank for the year ended 30 June, 2002. PRINCIPAL ACTIVITIES The Bank is principally engaged in Islamic banking business and the provision of related services. The principal activities of the subsidiaries are described in Note 8 to the financial statements. There have been no significant changes in the nature of these activities during the financial year. RESULTS RM’000 Net profit for the year 29,948 DIVIDENDS The amount of dividends paid by the Company since 30 June, 2001 were as follows: RM’000 In respect of the financial year ended 30 June, 2001:

Final Ordinary dividend of 1.7% on 500,000,000 ordinary shares less 28% taxation paid on 5 December, 2001 6,120

At the forthcoming Annual General Meeting, a final dividend in respect of the current financial year ended 30 June, 2002 of 2.1% on 500,000,000 ordinary shares less 28% taxation amounting to RM7,500,000 (1.5 sen per share) will be proposed for shareholders’ approval. The financial statements for the current financial year do not reflect this proposed dividend. Such dividend, if approved by the shareholders, will be accounted for in the shareholders’ equity as an appropriation of retained profits in the next financial year ending 30 June, 2003. RESERVES AND PROVISIONS There were no material transfers to or from reserves or provisions during the financial year other than as disclosed in the statement of changes in equity. BUSINESS PLAN, STRATEGY AND FUTURE OUTLOOK Islamic banking in Malaysia, at present, has claimed its position as a viable and vibrant component of the banking system. Bank Negara Malaysia (“BNM”) has been in the forefront in providing the necessary and required infrastructure for the sector to grow and to face future challenges. Islamic banking has now captured more than 8% of the assets of the banking system and is poised to reach 20% by 2010 as targeted by the Financial Sector Master Plan (“FSMP”). BNM has also undertaken to formulate further measures to increase the capability and capacity of Islamic players in order to set the field for Malaysia to be an active player in the global developments of Islamic banking. In line with the Bank’s objective for growth in realizing the FSMP, the Bank has lined up its strategy to focus on retail business, stable and long term source of fund besides enlarging its market share to 20%

44

9988112277--XX by the year 2010. This is to be achieved with the recently completed MIS Upgrade Program, which is beginning to show promising result through capacity and productivity. In its effort to better equip itself to face globalisation, the Bank has taken various initiatives to improve and enhance its delivery channels, products and services by introducing latest technology based innovations such as Internet banking and chip based credit card services. In addition, the Bank has also implemented several new measures based on industry’s best practices, which among others includes the enhancing of credit control and administration function of the Bank, formulating credit scoring and risk rating mechanisms, and establishing Compliance Department to improve asset quality to be able to compete within the environment of the up coming globalisation. The uncertainty of the US and global economies will weaken the Ringgit currently being pegged to the US Dollar, and hence the export is expected to be cheaper as compared to neighbouring countries, coupled with the anticipated stability of the interest rate, and the increase in public spending, the demand for consumer durables is also expected to increase which will then spur growth in retail financing. RATING BY EXTERNAL RATING AGENCY Details of rating conducted by an external agency on the Bank are as follows: Rating Agency Date Rating Classification Rating Received Malaysian Rating Corporation Berhad July 2001 • Financial Institution A • Short-term MARC-1 BAD AND DOUBTFUL FINANCING Before the income statement and balance sheet were made out, the directors took reasonable steps to ascertain that action had been taken in relation to the writing off of bad financing and the making of provision for doubtful financing and satisfied themselves that all known bad financing had been written off and that adequate provision had been made for doubtful financing. At the date of this report, the directors are not aware of any circumstances which would render the amounts written off as bad financing or provided for as doubtful financing in the financial statements of the Bank inadequate to any substantial extent. PROVISIONS FOR BAD AND DOUBTFUL FINANCING AND DIMINUTION IN VALUE OF INVESTMENT Provisions for bad and doubtful financing and diminution in value of investment have been treated in the financial statements in accordance with Accounting and Auditing Organisation for Islamic Financial Institutions Financial Accounting Standards No. 2, 3, 5 and 6. In line with the Standards, any provision during the year is charged against the Profit Payable to Depositors Account and the balance is shared between the Shareholders’ and Mudharabah Depositors’ Funds. The basis of apportionment between the Mudharabah Depositors’ and Shareholders’ Fund is the proportion of total deposits in Mudharabah Funds in relation to the total deposits from customers. CURRENT ASSETS Before the income statement and balance sheet were made out, the directors took reasonable steps to ensure that any current assets which were unlikely to be realised in the ordinary course of business including their values as shown in the accounting records of the Bank have been written down to an amount which they might be expected so to realise.

55

9988112277--XX At the date of this report, the directors are not aware of any circumstances which would render the values attributed to current assets in the financial statements of the Bank misleading. VALUATION METHODS At the date of this report, the directors are not aware of any circumstances which have arisen which render adherence to the existing methods of valuation of assets or liabilities of the Bank misleading or inappropriate. CONTINGENT AND OTHER LIABILITIES At the date of this report, there does not exist: (a) any charge on the assets of the Bank which has arisen since the end of the financial year which

secures the liabilities of any other person; or (b) any contingent liability of the Bank which has arisen since the end of the financial year. No contingent or other liability has become enforceable or is likely to become enforceable within the period of twelve months after the end of the financial year which, in the opinion of the directors, will or may substantially affect the ability of the Bank to meet its obligations when they fall due. CHANGE OF CIRCUMSTANCES At the date of this report, the directors are not aware of any circumstances not otherwise dealt with in this report or the financial statements of the Bank which would render any amount stated in the financial statements misleading. ITEMS OF AN UNUSUAL NATURE The results of the operations of the Bank during the financial year were not, in the opinion of the directors, substantially affected by any item, transaction or event of a material and unusual nature. There has not arisen in the interval between the end of the financial year and the date of this report any item, transaction or event of a material and unusual nature likely, in the opinion of the directors, to affect substantially the results of the operations of the Bank for the financial year in which this report is made. DIRECTORS The directors who served since the date of the last report are: Dato’ Mohd Yusoff Hj Nasir Mohd Bakke Salleh (appointed on 3 June, 2002) Dato’ Ahmad Tajudin Abdul Rahman Ibrahim Mahaludin Puteh Dato’ Dr. Ismail Saad Prof. Dr. Muhamad Muda Mahmoud Jamil Hassoubah Dr. Jamal Muhammad Al-Barzinji Nik Azman Nik Abdul Majid (alternate to Ibrahim Mahaludin Puteh) Mustapha Hamat (alternate to Dr. Jamal Muhammad Al-Barzinji; resigned on 28 February, 2002) Dato’ Hj. Mohamad Shafie (resigned on 3 June, 2002)

66

9988112277--XX DIRECTORS’ BENEFITS During and at the end of the financial year, no arrangements subsisted to which the Bank is a party with the object of enabling directors of the Bank to acquire benefits by means of the acquisition of shares in or debentures of the Bank or any other body corporate. Since the end of the previous financial year, no director has received or become entitled to receive a benefit (other than benefits included in the aggregate amount of emoluments received or due and receivable by the directors as shown in Note 27 to the financial statements or the fixed salary of a full time employee of the Bank) by reason of a contract made by the Bank or a related corporation with the director or with a firm of which he is a member, or with a company in which he has a substantial financial interest except as shown below. The following directors holding office at the end of the financial year were offered and have accepted options to subscribe for the shares of BIMB Holdings Berhad, the holding company, during the financial year ended 30 June, 2002 under the holding company’s Employees’ Share Option Scheme. The directors’ interests in the options during the financial year were as follows:

Number of Ordinary Shares of RM1 Each Under Option Exercise

Price1 July,

2001 Granted Exercised30 June,

2002BIMB Holdings Berhad Dato’ Ahmad Tajudin Abdul Rahman 2.13 500,000 - - 500,000 DIRECTORS’ INTERESTS According to the register of directors’ shareholdings, the interests of directors in office at the end of the financial year in shares of the holding company and its fellow subsidiary during the financial year were as follows:

Number of Ordinary Shares of RM1.00 each

1 July,2001 Bought Sold

30 June,2002

BIMB Holdings Berhad Dato’ Ahmad Tajudin Abdul Rahman 391,272 - - 391,272Dr. Jamal Muhammad Al-Barzinji 51,000 - - 51,000 Syarikat Takaful Malaysia Berhad Dato’ Ahmad Tajudin Abdul Rahman 10,000 - - 10,000Dato’ Dr. Ismail Saad 3,000 - - 3,000Mahmoud Jamil Hassoubah 3,000 - - 3,000Dr. Jamal Muhammad Al-Barzinji 3,000 - - 3,000 Other than as stated above, none of the other directors in office at the end of the financial year had any interest in shares of the Bank or its related corporations during the financial year.

77

9988112277--XX AUDITORS Hanafiah Raslan & Mohamad retire and will not seek re-appointment.

Signed on behalf of the Board in accordance with a resolution

of the directors

DATO’ MOHD YUSOFF HJ NASIR

DATO’ AHMAD TAJUDIN ABDUL RAHMAN Kuala Lumpur Dated: 28 October 2002

88

9988112277--XX

STATEMENT BY DIRECTORS

We, DATO’ MOHD YUSOFF HJ NASIR and DATO’ AHMAD TAJUDIN ABDUL RAHMAN, being two of the directors of BANK ISLAM MALAYSIA BERHAD, do hereby state that, in the opinion of the directors, the financial statements set out on pages 12 to 34 give a true and fair view of the state of affairs of the Bank as at 30 June, 2002 and of its results and its cash flows for the year then ended and have been properly drawn up in accordance with the provisions of the Companies Act, 1965 and applicable approved accounting standards in Malaysia, modified to comply with the principles of Shariah and Bank Negara Malaysia Guidelines.

Signed on behalf of the Board in accordance with a resolution of the directors

DATO’ MOHD YUSOFF HJ NASIR

DATO’ AHMAD TAJUDIN ABDUL RAHMAN Kuala Lumpur Dated: 28 October 2002

99

9988112277--XX

1100

STATUTORY DECLARATION I, NAZLAN OZIZI IBRAHIM, the officer primarily responsible for the financial management of BANK ISLAM MALAYSIA BERHAD, do solemnly and sincerely declare that the financial statements set out on pages 12 to 34 are, to the best of my knowledge and belief, correct, and I make this solemn declaration conscientiously believing the same to be true and by virtue of the provisions of the Statutory Declarations Act, l960. Subscribed and solemnly declared by ) the above named NAZLAN OZIZI IBRAHIM ) at Kuala Lumpur in Wilayah Persekutuan ) on 28 October 2002 ) NAZLAN OZIZI IBRAHIM

Before me: Talib bin Adam (W352) Commissioner for Oaths Kuala Lumpur

9988112277--XX

1111

AUDITORS’ REPORT To the Shareholders of BANK ISLAM MALAYSIA BERHAD We have audited the financial statements set out on pages 12 to 34. These financial statements are the responsibility of the Bank’s directors. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with approved Standards on Auditing in Malaysia. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by the directors, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion: (a) the financial statements have been prepared in accordance with the provisions of the

Companies Act, 1965 and applicable approved accounting standards in Malaysia, modified to comply with the principles of Shariah and Bank Negara Malaysia Guidelines and give a true and fair view of:

(i) the state of affairs of the Bank as at 30 June, 2002 and of its results and cash flows for the

year ended; and (ii) the matters required by Section 169 of the Companies Act, 1965 to be dealt with in the

financial statements; and (b) the accounting and other records and the registers required by the Act to be kept by the Bank

have been properly kept in accordance with the provisions of the Act. Hanafiah Raslan & Mohamad Abdul Rauf bin Rashid No. AF 0002 No. 2305/05/04(J) Chartered Accountants Partner of the Firm Kuala Lumpur Dated: 28 October 2002

9988112277--XX

BALANCE SHEET AS AT 30 JUNE, 2002 Note 2002 2001 RM’000 RM’000ASSETS

Cash and balances with banks and agents 196,536 274,259Deposits and placements with financial institutions 3 2,515,637 2,550,292Dealing securities 4 2,635,969 1,413,590Investment securities 5 577,068 598,708Financing of customers 6 5,689,002 5,033,050Bills receivable 11,052 8,890Statutory deposits with Bank Negara Malaysia 7 337,735 280,090Subsidiaries 8 37,973 40,423Other receivables 9 58,131 77,983Property, plant and equipment 10 71,812 58,011

TOTAL ASSETS 12,130,915 10,335,296 LIABILITIES

Deposits from customers 11 10,760,619 8,784,993Deposits and placements of banks and other financial

institutions

12 169,262 242,106Bills payable 65,820 63,404Other payables 13 107,978 247,505

TOTAL LIABILITIES 11,103,679 9,338,008 SHAREHOLDERS’ FUNDS

Share capital 14 500,000 500,000Reserves 527,236 497,288

TOTAL SHAREHOLDERS’ FUNDS 1,027,236 997,288 TOTAL LIABILITIES AND SHAREHOLDERS’

FUNDS

12,130,915 10,335,296 COMMITMENTS AND CONTINGENCIES 22 2,065,974 1,636,702

The accompanying notes are an integral part of this balance sheet.

1122

9988112277--XX

INCOME STATEMENT FOR THE YEAR ENDED 30 JUNE, 2002

Note 2002 2001 RM’000 RM’000 Revenue derived from investment of depositors’ fund 15 490,847 431,401Revenue attributable to depositors (264,800) (241,637)Revenue attributable to shareholders 226,047 189,764Revenue derived from investment of shareholders’ fund 16 62,118 60,454 288,165 250,218Bad and doubtful financing, net of recoveries (34,099) (49,371) 254,066 200,847Other operating expenditure 17 (187,877) (144,464)Profit before zakat and taxation 66,189 56,383Zakat (1,125) (2,699)Taxation 18 (35,116) (28,729)Profit after zakat and taxation 29,948 24,955 Earning per share 21 6.0 sen 5.0 sen

The accompanying notes are an integral part of this statement.

1133

9988112277--XX

STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 JUNE, 2002

Non-distributable Distributable Share

capitalShare

premiumReserve

fundRetained

profits Total RM’000 RM’000 RM’000 RM’000 RM’000 At 30 June, 2000 500,000 331,375 88,754 58,324 978,453Net profit for the year - - - 24,955 24,955Transfer to Reserve

Fund - - 12,478 (12,478) -Dividend (Note 19) - - - (6,120) (6,120)At 30 June, 2001 500,000 331,375 101,232 64,681 997,288Net profit for the year - - - 29,948 29,948Transfer to Reserve

Fund - - 14,974 (14,974) -Dividend (Note 19) - - - - -At 30 June, 2002 500,000 331,375 116,206 79,655 1,027,236

The Reserve Fund is maintained in compliance with the provisions of the Islamic Banking Act, 1983 and is not distributable as dividends.

The accompanying notes are an integral part of this statement.

1144

9988112277--XX

CASH FLOW STATEMENT FOR THE YEAR ENDED 30 JUNE, 2002

2002 2001 RM’000 RM’000CASH FLOWS FROM OPERATING ACTIVITIES

Profit before zakat and taxation 66,189 56,383Adjustments for:

Provision for bad and doubtful financing 41,954 49,371Provision for diminution in value of investments 14,680 4,229Writeback of provision for diminution in value of

investments (4,465) -Depreciation 13,341 8,961Dividend received (5,976) (4,549)Income from Malaysian Government Investment Certificates

and Shahadah Ad-Dayn (60,607)

(42,781)Gain on disposal of property, plant and equipment (3) (99)Gain on disposal of investments (30,940) (41,327)

Operating profit before working capital changes 34,173 30,188Increase in statutory deposits with Bank Negara Malaysia (57,645) (67,630)Decrease in other receivables 12,169 41,306(Increase)/decrease in bills receivable (2,162) 162Increase in financing of customers (690,224) (1,096,429)Increase in deposits from customers 1,975,625 1,489,629(Decrease)/increase in deposits and placements of banks and

other financial institutions (72,844) 186,973Increase in bills payable 2,416 6,426Decrease in due from other related companies - 258(Decrease)/increase in other payables (excluding tax and zakat) (147,167) 121,451Cash generated from operations 1,054,341 712,334Zakat paid (4,465) (2,219)Taxes paid (24,136) (15,653)Net cash generated from operating activities 1,025,740 694,462

The accompanying notes are an integral part of this statement.

1155

9988112277--XX

CASH FLOW STATEMENT FOR THE YEAR ENDED 30 JUNE, 2002, continued

2002 2001 RM’000 RM’000 CASH FLOWS FROM INVESTING ACTIVITIES

Investment in subsidiary - (15,200)Purchase of property, plant and equipment (27,142) (30,435)Proceeds from disposal of property, plant and equipment 3 99Dividend received 5,976 4,549Revenue from Malaysian Government Investment Certificates

and Shahadah Ad-Dayn 60,607 42,781Purchase of investments (1,186,972) (108,390)Proceeds from part disposal of a subsidiary 2,450 -Proceeds from sale of investments 6,960 51,351Net cash used in investing activities (1,138,118) (55,245)

NET (DECREASE)/INCREASE IN CASH AND CASH

EQUIVALENTS (112,378)

639,217CASH AND CASH EQUIVALENTS AT BEGINNING OF

YEAR 2,824,551

2,185,334CASH AND CASH EQUIVALENTS AT END OF YEAR 2,712,173 2,824,551 Cash and cash equivalents comprise:

Cash and balances with banks and agents 196,536 274,259Deposits and placements with financial institutions 2,515,637 2,550,292

2,712,173 2,824,551

The accompanying notes are an integral part of this statement.

1166

9988112277--XX

NOTES TO THE FINANCIAL STATEMENTS 30 JUNE, 2002

1. PRINCIPAL ACTIVITIES AND GENERAL INFORMATION

The Bank is principally engaged in Islamic banking business and the provision of related services. The principal activities of the subsidiaries are described in Note 8. There have been no significant changes in the nature of these activities during the financial year.

The Bank is a licensed Islamic Bank under the Islamic Banking Act, 1983, incorporated and domiciled in Malaysia. The registered office of the Bank is located at 14th Floor, Darul Takaful, Jalan Sultan Ismail, 50250 Kuala Lumpur.

The ultimate holding company of the Bank is BIMB Holdings Berhad, a public limited liability company incorporated in Malaysia and is listed on the Main Board of the Kuala Lumpur Stock Exchange. The registered office of BIMB Holdings Berhad is located at 14th Floor, Darul Takaful, Jalan Sultan Ismail, 50250 Kuala Lumpur.

The number of employees in the Bank at the end of the financial year was 1,930 (2001: 1,777).

The financial statements were authorised for issue by the Board of Directors in accordance with a resolution of the directors on 28 October 2002.

2. SIGNIFICANT ACCOUNTING POLICIES

(a) Basis of Accounting The financial statements of the Bank have been prepared under the historical cost convention and comply with the provisions of the Companies Act, 1965 and applicable approved accounting standards in Malaysia, modified to comply with the principles of Shariah and Bank Negara Malaysia Guidelines.

(b) Revenue Recognition

Revenue is accounted for on cash basis, in accordance with the principles of Shariah as advised by the Shariah Supervisory Council. Receipts in advance are treated as liabilities in the balance sheet.

Revenue from financing of customers are recognised based on the constant rate of return method. However, revenue from financing granted prior to 1 July, 1991 are recognised based on the sum of digits method.

(c) Basis of Consolidation

Subsidiary companies are those companies in which the Bank has power to exercise control over the financial and operating policies so as to obtain benefits therefrom. The financial statements of the subsidiaries have not been consolidated as the Bank is a wholly owned subsidiary of BIMB Holdings Berhad. In accordance with the requirements of Schedule 9 of the Companies Act, 1965, the financial statements of the subsidiaries are annexed.

1177

9988112277--XX

(d) Currency Conversion and Translation

Transactions in foreign currencies are converted into Ringgit Malaysia at rates of exchange ruling at the transaction dates. Monetary assets and liabilities in foreign currencies at the balance sheet date are translated into Ringgit Malaysia at rates of exchange ruling at that date. Gains arising from foreign currency transactions are only recognised when realised to comply with the principles of Shariah as advised by the Shariah Supervisory Council, while losses are taken to the income statement.

The principal exchange rate ruling at balance sheet date used is as follows:

2002 2001 RM RM

United States Dollar 3.80 3.80

(e) Property, Plant and Equipment and Depreciation

Property, plant and equipment are stated at cost less accumulated depreciation and impairment losses.

Freehold land, long term leasehold land, Management Information System development costs and all work-in-progress are not depreciated. The Management Information System development costs is not depreciated as it has not been fully commissioned yet. Long term leasehold land will be depreciated when the tenure is less than 50 years.

Depreciation of other property, plant and equipment is provided on a straight line basis to write off the cost of each asset to its residual value over the estimated useful life at the following annual rates:

Building improvements and renovations 16.7%Furniture, fixtures, fittings and equipment 16.7% - 50%Motor vehicles 25%

The carrying amount of the Bank’s assets are reviewed at each balance sheet date to determine whether there is an indication of impairment.

If any such indication exists, the asset’s recoverable amount estimated. An impairment loss is recognised as an expense in the income statement immediately. Where there is an indication that an impairment loss recognised for an asset in prior years no longer exists or have decreased, the reversal of an impairment loss should be recognised as income immediately in the income statement.

(f) Deferred Taxation

Deferred taxation is provided under the liability method for all material timing differences except where there is reasonable evidence that these timing differences will not reverse in the foreseeable future.

(g) Leases

The Bank accounts for all its leasing contracts as operating leases.

1188

9988112277--XX (h) Cash and Cash Equivalents

Cash and cash equivalents include cash and balances with banks and agents and deposits and placements with financial institution.

(i) Investments

Investment securities are securities that are acquired and held for yield or capital growth or to meet minimum liquid assets requirement pursuant to Section 16 of the Islamic Banking Act, 1983 and are usually held to maturity.

Investments in Malaysian Government Investment Certificates and Islamic Debt Securities are stated at cost, less provision for any permanent diminution in value.

Investments in unit trusts are stated at the lower of cost or market value.

Dealing securities are marketable securities that are acquired and held with the intention of resale in the short term, and are stated at the lower of cost and market value.

Transfers, if any, between dealing and investment securities are made at the lower of cost and market value.

Investments in subsidiaries and unquoted shares are stated at cost less provision for any permanent diminution in value.

Provision for diminution in value of investment have been treated in accordance with Accounting and Auditing Organisation for Islamic Financial Institutions (“AAOIFI”) Financial Accounting Standards No. 2, 3, 5 and 6. In line with the Standards, any provision during the year is charged against Profit Payable to Depositors account and the balance is shared between Shareholders’ Funds and Mudharabah Depositors’ Funds. The basis of apportionment between the Mudharabah Depositors and Shareholders’ Funds is the proportion of total deposits in Mudharabah Funds in relation to the total deposits from customers.

(j) Provision for Bad and Doubtful Financing

Specific provisions are made for doubtful financing which have been individually reviewed and specifically identified as bad and doubtful.

A general provision based on a percentage of the financing portfolio is also made to cover possible losses which are not specifically identified. An uncollectible financing or portion of a financing classified as bad is written off after taking into consideration the realisable value of collateral, if any, when in the judgement of the management, there is no prospect of recovery.

Provisions for bad and doubtful financing have been made in full compliance with the revised BNM GP3 (September 1998) and is treated in accordance with the AAOIFI Financial Accounting Standards No. 2, 3, 5 and 6. In line with the Standards, any provision during the year is charged against the Profit Payable to Depositors account, and the balance is shared between Shareholders’ Funds and Mudharabah Depositors’ Funds. The basis of apportionment between Mudharabah Depositors and the Shareholders’ Funds is the proportion of total deposits in Mudharabah Funds in relation to the total deposits from customers.

1199

9988112277--XX (k) Zakat

This represents zakat payable by the Bank to comply with the principles of Shariah and as approved by the Shariah Supervisory Council.

(l) Amount Recoverable from Danaharta

The total consideration from financing sold to Pengurusan Danaharta Nasional Berhad (“Danaharta”) is received in two portions; upon the sale of the financing (“initial consideration”) and upon recovery of the financing (“final consideration”). The final consideration amount represents the predetermined share of the surplus over the initial consideration upon recovery of the financing.

The difference between the carrying value of the financing and the initial consideration is recognised as ‘Amount Recoverable from Danaharta’ within the ‘Other Receivables’ component of the balance sheet. Provisions against this amount is made to reflect the directors’ assessment of the realisable value of the final consideration as at the balance sheet date.

(m) Provisions for Liabilities

Provisions for liabilities are recognised when the Bank has a present obligation as a result of a past event and it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation, and a reliable estimate of the amount can be made.

Provisions are reviewed at each balance sheet date and adjusted to reflect the current best estimate. Where the effect of the time value of money is material, the amount of a provision is the present value of the expenditure expected to be required to settle the obligation.

3. DEPOSITS AND PLACEMENTS WITH FINANCIAL INSTITUTIONS

2002 2001 RM’000 RM’000 Licensed banks 288,557 327,592Licensed finance companies 50,000 138,000Other financial institutions 2,177,080 2,084,700 2,515,637 2,550,292

Included in deposits and placements with financial institutions is an amount placed with a subsidiary amounting to RM206,557,240 (2001 : RM167,541,725).

4. DEALING SECURITIES

2002 2001RM’000 RM’000

At cost: Bankers acceptance 1,249,563 884,771Islamic Debt Securities 196,354 133,764Bank Negara Negotiable Notes 312,550 -Short-term Negotiable Islamic Debt Certificates 69,791 - 1,828,258 1,018,535

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2002 2001 RM’000 RM’000 Shahadah Ad-Dayn 803,203 384,280Less: Provision for diminution in value (14,680) - 788,523 384,280 Quoted Shares 34,443 29,331Less: Provision for diminution in value (15,255) (18,556) 19,188 10,775 2,635,969 1,413,590Market value: - Quoted shares 19,188 10,775

5. INVESTMENT SECURITIES

2002 2001RM’000 RM’000

At cost: Malaysian Government Investment Certificates 300,333 241,167Islamic Debt Securities - Government Guaranteed 177,780 301,783Islamic Debt Securities 83,112 46,079Unquoted shares 1,129 1,129Islamic Development Bank unit trust 1,350 1,350 563,704 591,508

Amanah Saham Bank Islam 14,600 9,600Less: Provision for diminution in value (1,236) (2,400) 13,364 7,200 577,068 598,708Market value: - Malaysian Government Investment Certificates 307,743 244,392- Amanah Saham Bank Islam 13,376 7,200- Islamic Development Bank unit trust 2,093 2,117

6. FINANCING OF CUSTOMERS

2002 2001 RM’000 RM’000

Bai Bithaman Ajil 3,475,374 3,068,790Ijarah Muntahiah Bi-Tamlik 176,110 288,996Ijarah 111,064 108,203Bai Al-Inah 21,253 -Musyarakah 216,934 177,075Mudharabah 40,306 18,770Murabahah 1,515,033 1,304,628Qardhul Hassan 497,216 420,341Staff financing 91,033 66,082 6,144,323 5,452,885Less: Provision for bad and doubtful financing (455,321) (419,835)

5,689,002 5,033,050

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(i) Breakdown of the gross financing of customers according to the period of maturity for repayment by customers are as follows:

2002 2001RM’000 RM’000

Maturing within one year 2,177,252 1,590,916One year to three years 616,051 822,518Three years to five years 761,321 812,186Over five years 2,589,699 2,227,265

6,144,323 5,452,885

(ii) Breakdown of the gross financing of customers analysed by their economic purposes are as follows:

2002 2001 RM’000 RM’000

Agriculture, mining and quarrying 256,979 394,162Manufacturing 1,052,305 901,921Real estate and construction 1,325,870 966,394Housing 1,386,971 1,152,810General commerce 220,063 84,164Finance, insurance and business services 166,979 85,407Consumption credit 343,571 492,837Others 1,391,585 1,375,190

6,144,323 5,452,885

(iii) Movements in the non-performing financing are as follows:

2002 2001RM’000 RM’000

Balance as at 1 July 870,574 714,216Non-performing during the year 341,139 365,172Recoveries (129,231) (10,807)Amount reclassified as performing (92,981) (154,154)

(78,043) -Other reclassifications/adjustments - (43,853)Balance as at 30 June 911,458 870,574

% of non-performing financing to total financing 14.83% 15.97%

Net non-performing financing (non-performing financing

less specific provisions) 632,285 580,125

% of net non-performing financing to net total financing (including financing sold to Cagamas, excluding general provision) 10.78% 11.23%

Amount written off

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9988112277--XX

Movements in the provision for bad and doubtful debts and financing accounts are as follows:

2002 2001RM’000 RM’000

General Provision: As at 1 July 129,386 79,615Provision made during the year 71,304 49,771Transfer to specific provision (24,542) -As at 30 June 176,148 129,386

% of general provision to total financing net of specific

provision

3.00%

2.50%

Specific provision: As at 1 July 290,449 194,535Provision made during the year 63,793 151,224Amount written back in respect of recoveries (21,568) (55,310)Transfer from general provision 24,542 -Amount written off (78,043) -As at 30 June 279,173 290,449

(iv) Included in financing amount are the following balances due from related companies:

2002 2001 RM’000 RM’000 Due from related companies 136,178 105,948

7. STATUTORY DEPOSITS WITH BANK NEGARA MALAYSIA

The non-interest bearing statutory deposits are maintained by the Bank with Bank Negara Malaysia in compliance with Section 37 (1) (c) of the Central Bank of Malaysia Ordinance 1958, the amounts of which are determined as set percentages of total eligible liabilities.

8. SUBSIDIARIES

2002 2001RM’000 RM’000

Unquoted shares at cost 37,973 40,423

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Details of the subsidiaries are as follows:

Percentage Shareholding

2002 2001 Principal Activities % % Al-Wakalah Nominees

(Tempatan) Sendirian Berhad 100 100 Provides nominee services

BIMB Unit Trust

Management Berhad 100 100 Manager of BIMB Unit Trust

Fund BIMB International Islamic Trust

(Labuan) Sendirian Bhd.* 100 100 Provides trust and related services

Bank Islam (L) Ltd* 100 100 Offshore banking business BIMB Foreign Currency Clearing

Agency Sendirian Berhad 75.5 100 Foreign currency clearing house

* Audited by firms of auditors other than Hanafiah, Raslan & Mohamad.

On 3 September, 2001, the Bank disposed 24.5% of its shareholdings in BIMB Foreign Currency Clearing Agency Sendirian Berhad (“BIFCCA”) to a third party, Al-Mina Ventures Sdn Bhd, for a cash consideration of RM2,450,000, reducing its shareholdings to 75.5%.

9. OTHER RECEIVABLES

2002 2001RM’000 RM’000

Other receivables 41,951 29,369Deposits, prepayments and advances 7,027 4,414Amount recoverable from Danaharta 29,488 57,447 78,466 91,230Less: Provision for doubtful debts (20,335) (13,247) 58,131 77,983Amount recoverable from Danaharta: At 1 July 57,447 85,403Amount recovered (90) (87)Less : Provision made during the year (27,869) (27,869)At 30 June 29,488 57,447

2244

9988112277--XX 10. PROPERTY, PLANT AND EQUIPMENT

*Land andbuildings

Furniture,fixtures

andfittings

Officeequipment

Motorvehicles

Renovationwork in

progress

ManagementInformation

SystemDevelopment

cost

TotalRM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000

Cost At 1 July, 2001 35,136 15,583 38,024 997 2,111 4,093 95,944Additions 878 256 20,490 4 2,611 2,903 27,142Disposals - - - (285) - - (285)At 30 June, 2002 36,014 15,839 58,514 716 4,722 6,996 122,801 Accumulated

Depreciation At 1 July, 2001 5,305 10,370 21,312 946 - - 37,933Charge for the year 1,119 1,917 10,302 3 - - 13,341Disposals - - - (285) - - (285)At 30 June, 2002 6,424 12,287 31,614 664 - - 50,989 Net Book Value At 30 June, 2002 29,590 3,552 26,900 52 4,722 6,996 71,812 At 30 June, 2001 29,831 5,213 16,712 51 2,111 4,093 58,011 Depreciation

charge for 2001 1,148 2,470 5,274 69 - - 8,961

2255

9988112277--XX *LAND AND BUILDINGS

Long termleasehold

landBuilding in

progress

Buildingimprovements

andrenovations Total

RM’000 RM’000 RM’000 RM’000Cost

At 1 July, 2001 14,147 12,590 8,399 35,136Additions - 238 640 878At 30 June, 2002 14,147 12,828 9,039 36,014 Accumulated Depreciation At 1 July, 2001 - - 5,305 5,305Charge for the year - - 1,119 1,119At 30 June, 2002 - - 6,424 6,424 Net Book Value At 30 June, 2002 14,147 12,828 2,615 29,590 At 30 June, 2001 14,147 12,590 3,094 29,831 Depreciation charge for 2001 - - 1,148 1,148 Included in property, plant and equipment of the Bank are fully depreciated assets which are still in use costing RM29,760,000 (2001: RM1,167,000).

11. DEPOSITS FROM CUSTOMERS

2002 2001RM’000 RM’000

Non-Mudharabah Fund Current account 1,984,620 1,542,316Savings account 1,024,358 894,448Negotiable Islamic Debt Certificates 25,792 45,292Others 14,778 29,562

3,049,548 2,511,618 Mudharabah Fund Savings account 250,992 173,960Investment account 7,755,815 6,379,685 8,006,807 6,553,645

Total Deposits 11,056,355 9,065,263Less: Provision for losses in Mudharabah Fund (295,736) (280,270)

10,760,619 8,784,993

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(i) Maturity structure of Negotiable Islamic Debt Certificate and Mudharabah Fund is as follow:

2002 2001RM’000 RM’000

Due within six months 7,118,986 5,879,984Six months to one year 850,689 671,419One year to three years 15,827 12,994Three years to five years 12,705 9,248Over five years 34,392 25,292

8,032,599 6,598,937

(ii) The deposits are sourced from the following customers:

2002 2001RM’000 RM’000

Business enterprise 3,398,141 3,079,043Individuals 1,638,431 1,355,097Others 6,019,783 4,631,123

11,056,355 9,065,263

(iii) Included in deposits from customers are the following amounts due to related companies:

2002 2001RM’000 RM’000

Due to holding company 181,807 55,030Due to other related companies 284,023 170,563Due to subsidiaries 23,813 21,245

12. DEPOSITS AND PLACEMENTS OF BANKS AND OTHER FINANCIAL

INSTITUTIONS

2002 2001RM’000 RM’000

Licensed banks 169,262 242,106

13. OTHER PAYABLES

2002 2001

RM’000 RM’000

Taxation 29,869 23,892Deferred taxation (Note 20) 17,328 13,368Proposed dividends - 6,120Provisions for liabilities 11,509 16,235Other payables 49,272 187,890

107,978 247,505

2277

9988112277--XX 14. SHARE CAPITAL

Number of shares of RM1 each Amount 2002 2001 2002 2001 RM RM(a) Authorised: Ordinary shares of RM1.00 each At 1 July/30 June 1,999,999,999 1,999,999,999 1,999,999,999 1,999,999,999

One Special Rights Redeemable Preference Share of RM1.00 At 1 July/30 June

1 1 1 1 2,000,000,000 2,000,000,000 2,000,000,000 2,000,000,000 (b) Issued and fully paid: Ordinary shares of RM1.00 each At 1 July/30 June 500,000,000 500,000,000 500,000,000 500,000,000

One Special Rights Redeemable Preference Share of RM1.00 At 1 July/30 June

1 1 1 1

500,000,001 500,000,001 500,000,001 500,000,001

Special Rights Redeemable Preference Shares (“Special Share”) confers the shareholder the right to redeem the Special Share at par at any time by serving written notice upon the Bank, but no rights to participate in the capital or profits of the Bank..

15. REVENUE DERIVED FROM INVESTMENT OF DEPOSITORS’ FUND

2002 2001

RM’000 RM’000

Income from financing 371,840 327,564Dividend received (net of tax) from - Shares quoted in Malaysia 199 63 - Unquoted shares in Malaysia 2,009 2,328Gain from foreign exchange transactions 2,468 500Income from Malaysian Government Investment Certificates 7,894 533Gain on disposal of investments 31,435 40,989Income from Shahadah Ad-Dayn 31,278 13,864Writeback of provision for diminution in value of investments 3,301 -Other operating revenue 40,423 45,560

490,847 431,401

2288

9988112277--XX 16. REVENUE DERIVED FROM INVESTMENT OF SHAREHOLDERS’ FUND

2002 2001RM’000 RM’000

Income from financing 3,297 2,597Dividend received (net of tax) from

- Subsidiary 2,960 1,916- Shares quoted in Malaysia 808 242

Income from Government Investment Certificates - 1,081Loss/(Gain) on disposal of investments (495) 338Gain on disposal of property, plant and equipment 3 99Income from Shahadah Ad-Dayn 21,435 27,303Writeback of provision for diminution in value of investments 1,164 -Other operating revenue 32,946 26,878

62,118 60,454 17. OTHER OPERATING EXPENDITURE

Included in the other operating expenses are the following:

2002 2001 RM’000 RM’000

Personnel cost 75,172 72,398Auditors’ remuneration 140 140Depreciation 13,341 8,961Provision for diminution in value of investments 14,680 4,229Directors’ remuneration (Note 27) 461 423Shariah Supervisory Council Members’ remuneration (Note 27) 87 62Lease rental paid to a fellow subsidiary 27,207 3,137Rental of premises 12,690 12,721

18. TAXATION

2002 2001 RM’000 RM’000

Malaysian taxation for the year 31,156 23,403Under provision in prior years - 1,546 31,156 24,949Deferred taxation (Note 20) 3,960 3,780

35,116 28,729

The effective rate of taxation of the Bank is higher than the statutory rate of taxation principally due to certain expenses being disallowed for taxation purposes.

As at 30 June, 2002, the Bank has tax exempt profits available for distribution of approximately RM49,064,000 (2001 : RM49,064,000), subject to agreement with the Inland Revenue Board.

As at 30 June, 2002, the Bank has unutilised capital allowances carried forward with respect to Al-Ijarah business amounting to approximately RM23,578,000 (2001 : RM23,491,000) which can be used to offset future taxable profits from Al-Ijarah business subject to agreement with the Inland Revenue Board.

2299

9988112277--XX

The Bank has sufficient tax credit under Section 108 of the Income Tax Act, 1967 and the balance in the tax exempt income account under Section 12 of the Income Tax (Amendment) Act, 1999 to frank the payment of dividends out of its entire retained profit as at 30 June, 2002.

19. DIVIDENDS

Amount Dividend per share 2002 2001 2002 2001 RM’000 RM’000 Sen Sen Ordinary final dividend at 1.7%

less 28% taxation

- 6,120 - 1.22 At the forthcoming Annual General Meeting, a final dividend in respect of the current financial

year ended 30 June, 2002 of 2.1% on 500,000,000 ordinary shares less 28% taxation amounting to RM7,500,000 (1.5 sen per share) will be proposed for shareholders’ approval. The Financial statements for the current financial year do not reflect this proposed dividend. Such dividend, if approved by the shareholders, will be accounted for in the shareholders’ equity as an appropriation of retained profits in the next financial year ending 30 June, 2003.

20. DEFERRED TAXATION

2002 2001 RM’000 RM’000

(a) As at 1 July 13,368 9,588 Transfer from income statement ( Note 18) 3,960 3,780 17,328 13,368 (b) Deferred taxation is in respect of the following timing differences: Al-Ijarah timing differences 45,452 35,945 Depreciation and corresponding capital allowances on property, plant and equipment

16,432 11,796

61,884 47,741 21. EARNINGS PER SHARE

Basic earnings per share of the Bank is calculated by dividing the net profit for the year by the number of ordinary shares in issue during the financial year.

2002 2001 RM’000 RM’000

Net profit for the year 29,948 24,955 Number of ordinary shares in issue 500,000 500,000 Basic earnings per share (sen) 6.0 5.0

3300

9988112277--XX 22. COMMITMENTS AND CONTIGENCIES

In the normal course of business, the Bank makes various commitments and incurs certain contingent liabilities with legal recourse to its customers. No material losses are anticipated as a result of these transactions. Risk Weighted Exposures of the Bank as at 30 June are as follows:

2002 2001

Principal

amount

Creditequivalent

amount*Principal

amount

Creditequivalent

amount* RM’000 RM’000 RM’000 RM’000 Direct credit substitutes 345,683 345,683 285,004 285,004 Transaction-related

contingent items 272,238 136,119 126,191 63,095 Short-term self-liquidating

trade-related contingencies 348,066 69,613 427,233 85,447 Other assets sold with

recourse and commitments with certain drawdown 119 119 589 589

Foreign exchange related

contracts - less than one year 376,763 7,535 117,749 23,550

Miscellaneous 723,105 351,616 679,936 284,549 Total 2,065,974 910,685 1,636,702 742,234 *The credit equivalent amount is arrived at using the credit conversion factor as per Bank Negara Malaysia guidelines.

Foreign exchange related contracts are subject to market risk and credit risk. Market risk Market risk is the potential change in value caused by movement in market rates or prices. The contractual amounts stated above provide only a measure of involvement in these types of transactions and do not represent the amount subject to market risk. Exposure to market risk may be reduced through offsetting on and off-balance sheet positions. Credit risk Credit risk arises from the possibility that a counter-party may be unable to meet the terms of a contract in which the Bank has a gain position. This amount will increase or decrease over the life of the contracts, mainly as a function of maturity dates and market rates or prices.

3311

9988112277--XX 23. LEASE COMMITMENTS

Lease commitment payable by the Bank to a fellow subsidiary is as follows: 2002 2001 RM’000 RM’000 2002 - 30,9802003 23,746 30,9802004 21,020 30,6472005 20,500 29,9572006 20,500 29,8632007 20,500 29,8632008 20,500 -2009 20,500 -

24. CAPITAL COMMITMENTS

2002 2001 RM’000 RM’000 Approved and contracted for 489 172

25. CAPITAL ADEQUACY

The capital adequacy ratio of the Bank is analysed as follows: 2002 2001 RM’000 RM’000Tier-I capital Paid-up share capital 500,000 500,000Other reserves 527,236 497,288Total Tier-I capital 1,027,236 997,288 Tier-II capital General provisions for bad and doubtful debts 176,148 129,386Total capital 1,203,384 1,126,674Less: Investment in subsidiaries (37,973) (40,423)Capital base 1,165,411 1,086,251 Breakdown of risk-weighted assets in the various categories of risk weights: 2002 2001 Risk Risk Principal weighted Principal weighted amount amount amount amount

RM’000 RM’000 RM’000 RM’000 0% 3,375,436 - 119,545 -10% 79,650 7,965 140,600 14,06020% 1,803,869 360,774 3,513,826 702,76550% 1,384,638 692,319 1,366,598 683,299100% 6,866,860 6,866,860 5,345,509 5,345,509Total risk-weighted assets 13,510,453 7,927,918 10,486,078 6,745,633

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9988112277--XX

2002 2001Capital ratios Core capital ratio 13.0% 14.8%Risk-weighted capital ratio 14.7% 16.1%

26. SIGNIFICANT RELATED COMPANY TRANSACTIONS

A number of transactions are entered into with related parties in the normal course of business. Other than the balances and transactions disclosed in Notes 3, 6, 11, 16 and 17 to the financial statements, the following are the significant related company balances and transactions of the Bank: 2002 2001 RM’000 RM’000 Disposal of assets to fellow subsidiary - 91,149Balance due from related company 6,339 10,457 Income Income from Mudharabah Interbank Investment with a subsidiary 4,367 3,994Income from financing to: - subsidiaries 1,354 22 - fellow subsidiaries 1,746 147 - related companies 302 293Office rental from:

- subsidiaries 239 210- fellow subsidiaries 24 29

Others 775 747 Expenditure Profit paid for investment accounts

- subsidiaries 473 314- fellow subsidiaries 3,840 2,022- related companies - 36

Lease rental paid to fellow subsidiary 27,207 3,013Office rental paid to fellow subsidiaries 7,214 2,396Dividend paid to holding company 6,120 5,400Others 1,961 1,976

The directors are of the opinion that all the transactions above have been entered into in the normal course of business and have been established on terms and conditions that are not materially different from that obtainable in transactions with unrelated parties.

3333

9988112277--XX 27. DIRECTORS’ AND SHARIAH SUPERVISORY COUNCIL MEMBERS’

REMUNERATION

(a) (i) Aggregate remuneration of all directors for the Bank categorised into appropriate components are as follows:

2002 2001 RM’000 RM’000 Executive director: Allowances 48 48Salaries, bonuses and EPF contributions 351 334Benefits-in-kind 11 5 410 387 Non-executive directors: Fees and allowances 62 41Total 472 428 Total (excluding benefits-in-kind) 461 423

The remuneration attributable to the Managing Director of the Bank including benefits- in-kind during the year amounted to RM409,540 (2001: RM386,720)

2002 2001 RM’000 RM’000 (ii) Shariah Supervisory Council 87 62

(b) (i) Number of directors whose remuneration fall into the following bands:

2002 2001 Number of executive director: RM350,001 to RM400,000 - 1 RM400,001 to RM450,000 1 - 1 1 Number of non-executive directors: Below RM50,000

8 10

Total 9 11

(ii) Number of Shariah Supervisory Council Members 5 5

28. CURRENCY

All amounts are stated in Ringgit Malaysia.

3344

9988112277--XX

REPORT OF THE SHARIAH SUPERVISORY COUNCIL

We, DATO’ MD. HASHIM HAJI YAHAYA and DR. AHMAD SHAHBARI @ SOBRI SALAMON, being two of the members of Shariah Supervisory Council of BANK ISLAM MALAYSIA BERHAD, do hereby confirm on behalf of the members of the Council, that in our opinion, the operations of the Bank for the year ended 30 June, 2002 have been conducted in conformity with the Shariah principles. On behalf of the Council DATO’ MD. HASHIM HAJI YAHAYA DR. AHMAD SHAHBARI @ SOBRI SALAMON Kuala Lumpur Date: 28 October 2002

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9988112277--XX

SHAREHOLDERS STATISTICS AS AT 31 OCTOBER 2002

SHAREHOLDER Shares held % BIMB Holdings Berhad 500,000,000 100 SPECIAL RIGHTS REDEEMABLE PREFERENCE SHARE (SPECIAL SHARE) Menteri Kewangan (Incorporated) Malaysia 1 100

3366

9988112277--XX

HEAD OFFICE, SUBSIDIARIES & BRANCH NETWORK

BANK ISLAM MALAYSIA BERHAD (98127-X) 14th Floor, Darul Takaful, Jalan Sultan Ismail, 50250 Kuala Lumpur.

Tel: 03-2693 5566, 2693 5569 Fax: 03-2693 1761, 2692 2153, 2694 9077 Telex: MA 31783, 31785 Cable: BANKISMA KUALA LUMPUR

Website: www.bankislam.com.my

HEAAAD OFFICEOOFFFFIICCEEDDHHEE Dato’ Ahmad Tajudin Abdul Rahman Managing Director Tel: 03-26935613 Fax: 03-26914367

Marketing Department Mohd. Nasir Johar Manager Tel: 03-26914223

Internal Audit Department Abdul Razak Yaakob Chief Internal Auditor Tel: 03-26943014

Shariah Department Abdul Ghani Endut Deputy Manager Tel: 03-26935669

Corporate Secretarial Department Saiful Nizam Yasin Manager Tel: 03-27111501

Risk Management Department Jasni Othman Manager Tel: 03-26981989

TREASURY & INTERNATIONAL BANKING DIVISION

MANAGING DIRECTOR’S OFFICE

Ismail Mahayudin Senior General Manager Tel: 03-26935619 Fax: 03-26943610

Nadzri Mohd. Sharif Assistant General Manager, Treasury & International Banking Tel: 03-26920875

Treasury Department Yazit Yusuff Manager Tel: 03-26935028

Central Bills Department Roshasimi Ahmad Manager Tel: 03-26935169

Trade Finance Department Azlan Abdul Samad Manager Tel: 03-26948054

Treasury Processing Department Siti Fadhilah Ismail Manager Tel: 03-26935026

Correspondent Banking Department Khalidah Mohd. Talha Manager Tel: 03-26935253

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9988112277--XX

LEGAL & HUMAN RESOURCES DIVISION

Dato’ Fadzil Yusoff Senior General Manager Tel: 03-26935724 Fax: 03-26949077

Muhamad Ayub Osman Assistant General Manager, Human Resources Tel: 03-26935020 Fax: 03-26947392

Personnel & Administration Department Mahyiddin Taat Manager Tel: 03-26920624

Legal Department Mahani Jamaluddin Manager Tel: 03-26935168

Training Department Abdullah Ngah Manager Tel: 03-26910920

Properties Department Abdul Halim Noordin Manager Tel: 03-26935116

Monitoring & Recovery Department Mohd. Yahaya Abd. Majid Senior Manager Tel: 03-26935049

Purchasing Department Mohd. Saleh Mohd. Yusof Manager Tel: 03-26948819

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9988112277--XX

CORPORATE BANKING DIVISION

Hamdan Mohd. Bintang General Manager Tel: 03-26935024 Fax: 03-26933442

Y.M Tengku Mansor Tengku Abd. Rahman Assistant General Manager, Corporate Banking Tel: 03-26981152

Credit Risk Management Department Asnulhadi Yeop Aziz Manager Tel: 03-26943744

Commercial Financing Department Saharuddin Jaafar Manager Tel: 03-26981126

Credit Administration Department Tel: 03-26989706

Structured Finance Department Shamsun Anwar Hussain Tel: 03-26933442

Syndication & Capital Market Department Tel: 03-26939534

Origination Department Tel: 03-26940128

FINANCE DIVISION

Nazlan Ozizi Ibrahim General Manager Tel: 03-26935617 Fax: 03-26931761

Jamil Hassan Assistant General Manager, Information Technology Tel: 03-26981763

Central Accounts Department Abdul Latif Bujang Masli Manager Tel: 03-26935991

Group Accounts Department Nor Haimee Zakaria Senior Manager Tel: 03-26928030

Statutory Reporting Department Hamden Rashidi Manager Tel: 03-26935161

Information Technology Department Zainal Azlan Zainudin Manager Tel: 03-26912231

Data Management Department Noor Zuraida Md Tahir Manager Tel: 03-26928072

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CONSUMER BANKING DIVISION

Wan Ismail Wan Yusoh General Manager Tel: 03-26938457 Fax: 03-26986378

Shahiruddin Ahmad Assistant General Manager, Consumer Services Section Tel: 03-26935566

Abu Bakar Man Assistant General Manager, Deposit and e-Banking Section Tel: 03-26931752

Sabri Embi Assistant General Manager, Consumer Credit Section Tel: 03-26970177

Branch Operation Department Mohamad Ishak Senior Manager Tel: 03-26980172

Automobile Financing Department Makhzan Hussein Manager Tel: 03-26971207

Fixed Assets & House Financing DepartmentMuhamad Lukman Ismail Senior Manager Tel: 03-26935049 Individual Financing Department Mahmood Jusoh Manager Tel: 03-26940052 Credit Card Centre Abdul Rahim Abdul Razak Assistant General Manager Tel: 03-26980177 Organisation and Methods Department Rahana Ab. Rahim Manager Tel: 03-26922503 Internet Banking Department Norhuda Idrus Manager Tel: 03-26935931 Electronic Banking Department Abdul Rahman Hamid Manager Tel: 03-26912219

Regional Managers’ Office Central Region Ghazali Md Isa Regional Manager Tel: 03-26948105 Sabah & Sarawak Region Mohd. Said Hj. Gapor Regional Manager Tel: 082-250450 Eastern Region Mohamad Shukri Yaacob Regional Manager Tel: 09-7419222 Southern Region Saadon Giman Regional Manager Tel: 07-2260777 Northern Region Mokhtar Abu Bakar Regional Manager Tel: 04-3332444

4400

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SUBSIDIAAARRRIESSSUUBBSSIIDDII IIEESS

AL-WAKALAH NOMINEES (TEMPATAN) SDN BHD (122372-P) 5th Floor, Darul Takaful Jalan Sultan Ismail 50250 Kuala Lumpur

BANK ISLAM (L) LTD (980071A) Level 15, Block 4 Financial Park Office Jalan Merdeka 87000 Labuan I.O.F.C

BIMB UNIT TRUST MANAGEMENT BERHAD (276246-X) 5th Floor, Darul Takaful Jalan Sultan Ismail 50250 Kuala Lumpur

BIMB INTERNATIONAL ISLAMIC TRUST (LABUAN) SDN BHD (419794-W) Level 15, Block 4 Financial Park Office Jalan Merdeka 87000 Labuan I.O.F.C

BIMB FOREIGN CURRENCY CLEARING AGENCY SDN BHD (507913-V) 9th Floor, Menara Tun Razak Jalan Raja Laut Peti Surat 11080 50734 Kuala Lumpur

4411

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BRRRAAANCHESBB NNCCHHEESS

WILAYAH PERSEKUTUAN KUALA LUMPUR

BIMB Jalan Raja Laut - 001 Tingkat Bawah & Plaza Menara Tun Razak , Jalan Raja Laut Peti Surat 11080 50734 KUALA LUMPUR Tel : 03-26935062, 26937176, 26937177 Fax : 03-26937336 [Manager : Rusni Basari]

BIMB UIA, Gombak - 082 C1, Central Komplek Universiti Islam Antarabangsa Malaysia Jalan Gombak 53100 KUALA LUMPUR Tel : 03-61853150, 61853262,61853354 Fax : 03-61853402 [Manager : Mohd. Noor Jab]

BIMB Jalan Tun Razak - 010 Tingkat Bawah & 13 Bangunan Ibupejabat Tabung Haji Jalan Tun Razak, Peti Surat 11590 50750 KUALA LUMPUR Tel : 03-21611333, 21611340, 21611341 Fax : 03-21611360 [Manager : Abdul Halim Yaakub]

BIMB Jalan Perdana - 007 Tingkat Satu, Blok Menara Kompleks Pusat Islam, Jalan Perdana Peti Surat 11493 50748 KUALA LUMPUR Tel : 03-22749878, 22749899, 22749901 Fax : 03-22749902 [Manager : Khairiah Che Zain]

BIMB Taman Melawati - 079 No. 312, Lorong Selangor 53100 Hulu Klang KUALA LUMPUR Tel : 03-41077800, 41076842 Fax : 03-41077181 [Senior Manager : Wan Abdullah Wan Talib]

BIMB Medan MARA - 017 Tingkat Bawah, Blok Podium Medan MARA No. 21, Jalan Raja Laut Peti Surat 11698 50754 KUALA LUMPUR Tel : 03-26919079, 26919082, 26919086 Fax : 03-26921890 [Manager : Abd. Rashid Mohyiddin]

BIMB Selayang - 074 Tingkat Bawah, Bangunan Persatuan Nelayan Kebangsaan (NEKMAT) Lot 150A, 152A & 154A Jalan 2/3A, Pusat Bandar Utara KM12, Off Jalan Ipoh 68100 Batu Caves KUALA LUMPUR Tel : 03-61352655, 61352934, 61352935 Fax : 03-61379199 [Manager : Nik Mohamad Hulaimi N. Mahmood]

BIMB Bandar Wawasan - 081 Tingkat Satu & Dua Darul Takaful Jalan Sultan Ismail 50250 KUALA LUMPUR Tel : 03-26948175, 26948192 Fax : 03-26948291 [Manager : Md Isa Supa]

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BIMB WP Labuan - 051 Lot 13 & 14 Tingkat Bawah & Satu Lazenda Phase 3, Jln OKK Abdullah 87008 WP LABUAN Tel : 087-424667, 424901 Fax : 087-419206 [Manager : Abd. Rahim Muluk]

BIMB WP Putrajaya - 083 Anjung Perdana, Blok E16 Parcel E Percint 1, Anjung 62000 Putrajaya WP PUTRAJAYA Tel : 03-88893192 Fax : 03-88893189 [Manager : Md. Yusof Abd Rahim]

BIMB Tanjung Malim - 045 Tingkat Bawah No.53, Jalan Bunga Raya 35900 Tanjung Malim PERAK DARUL RIDZUAN Tel : 05-4598237, 4595127 Fax : 05-4598241 [Manager : Othman Kamel]

BIMB Teluk Intan - 056 Tingkat Bawah & Satu No. 24, Jalan Ah Cheong Peti Surat 309 36000 Teluk Intan PERAK DARUL RIDZUAN Tel : 05-6221700, 6221200, 6221411 Fax : 05-622148 [Manager : Abdul Razak Mohd Kassim]

BIMB Jalan Panglima Bkt.Gantang Wahab - 014 Tingkat Bawah, Kompleks Islam Darul Ridzuan Jalan Panglima Bukit Gantang Wahab Peti Surat 671 30770 Ipoh PERAK DARUL RIDZUAN Tel : 05-2553866, 2553867, 2553868 Fax : 05-2535760 [Manager : Zulkarnain Ramli]

BIMB Bagan Serai – 075 (S) No. 126/128, Jalan Setia Pusat Bandar Bagan Serai 34300 Bagan Serai PERAK DARUL RIDZUAN Tel : 05-7218509, 7218513, 7218512 Fax : 05-7518515 [Head of centre : Aziz Zaini]

BIMB Parit Buntar - 021 Tingkat Bawah & Satu No. 1 & 2, Bangunan YPEIM Jalan Kelichap Pekan Baru Parit Buntar 34200 Parit Buntar PERAK DARUL RIDZUAN Tel : 05-7164493, 7164494 Fax : 05-7164495 [Manager : Ab. Rahman Ab. Hadi]

BIMB Sri Manjung – 042 (M) Tingkat Bawah No. R4, Bangunan Tabung Haji Bandar Baru Sri Manjung 32000 Sitiawan PERAK DARUL RIDZUAN Tel : 05-6881227 Fax : 05-6881672 [Supervisor ll : Jamal Nasir Abu Bakar]

WILAYAH PERSEKUTUAN PUTRAJAYA

WILAYAH PERSEKUTUANLABUAN

PERAK DARUL RIDZUAN

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BIMB Taiping - 055 Tingkat Bawah & Satu 126-128, Jalan Kota 34000 Taiping PERAK DARUL RIDZUAN Tel : 05-8065441, 8065442, 8065443 Fax : 05-8065436 [Manager : Yahaya Daud]

BIMB Jalan Tunku Ibrahim -004 No. 1515, Bangunan BERNAMA Jalan Tunku Ibrahim Peti Surat 172 05720 Alor Setar KEDAH DARUL AMAN Tel : 04-7335126, 7335136, 7319813 Fax : 04-7335128 [Manager : Ibrahim Abu Yazid]

BIMB Sungai Petani - 018 No. 11 & 12, Tingkat Bawah & Satu Kompleks Seri Temin Jalan Ibrahim Peti Surat 77 08007 Sungai Petani KEDAH DARUL AMAN Tel : 04-4220620, 4220621, 4220622 Fax : 04-4213912 [Manager : Abdul Malik Mobin]

BIMB Jitra - 031 No. 64 & 65 Kompleks Jitra Jalan Sungai Korok 06000 Jitra KEDAH DARUL AMAN Tel : 04-9174404, 9171151, 9173453 Fax : 04-9174225 [Manager : Mohd Affandi Abd. Rahim]

BIMB Kulim - 043 Tingkat Bawah No. 8, Taman Manggis Jalan Kilang Lama 09000 Kulim KEDAH DARUL AMAN Tel : 04-4900022, 4913975, 4913976 Fax : 04-4900030 [Manager : Hj. Mohd Tahir Hj. Mohd Akib]

BIMB Guar Chempedak - 073 Lot No. 006681, Jalan Besar Bangunan Tabung Haji 08800 Guar Chempedak KEDAH DARUL AMAN Tel : 04-4680880, 4684827, 4684829 Fax : 04-4680884 [Manager : Norlida Mohd. Noor]

BIMB Langkawi - 072 No. 43 & 45 Jalan Pandak Mayah 5 Pusat Bandar Kuah 07000 LANGKAWI KEDAH DARUL AMAN Tel : 04-9662463, 9662464, 9662466 Fax : 04-9662469 [Manager : Sahri Awang]

KEDAH DARUL AMAN

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BIMB Baling - 032 (M) Tingkat Bawah, Lot B Bangunan Tabung Haji Baling Jalan Bandar Baru Baling 09100 Baling KEDAH DARUL AMAN Tel : 04-4701678 Fax : 04-4701679 [Supervisor ll : Musa Abdullah]

BIMB Pokok Sena – 050 (M) Tingkat Bawah Lot 1247, Mukim Jabi 06400 Pokok Sena KEDAH DARUL AMAN Tel : 04-7821033 Fax : 04-7821022 [Supervisor ll : Shahrir Bin Mohd Fathil]

BIMB Jalan Bagan Luar - 005 No. 71 & 73, Jalan Taman Selat Off Jalan Bagan Luar Peti Surat 303 12720 Butterworth PULAU PINANG Tel : 04-3312357, 3312358, 3312358, Fax : 04-3312360 [Manager : Che Sabri Che Man]

BIMB Georgetown - 057 64D, Lebuh Bishop 10200 PULAU PINANG Tel : 04-2624724, 2624933, 2625019 Fax : 04-2622594 [Manager : Abdul Halim Abd Ghani]

BIMB Bayan Baru - 063 No. 122, Jalan Mayang Pasir Taman Sri Tunas 11950 Bayan Baru PULAU PINANG Tel : 04-6425094, 6425095, 6425096 Fax : 04-6425098 [Manager : Mokhtar Jamil]

BIMB Kepala Batas - 062 Tingkat Bawah No. 1324, Lorong Malinja 1 Taman Sepakat 13200 Kepala Batas Seberang Perai PULAU PINANG Tel : 04-5754463, 5755517, 5755579 Fax : 04-5753986 [Manager : Jamilah Abdul]

PULAU PINANG

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BIMB Bandar Baru Bangi - 019 No. 2 & 4, Jalan 6C/7 43650 Bandar Baru Bangi SELANGOR DARUL EHSAN Tel : 03-89258490, 89258491, 89258492 Fax : 03-89256168 [Manager : Elia Boweng]

BIMB Sungai Besar - 052 Tingkat Bawah Lot 9824, Jalan Mahsuri 45300 Sungai Besar SELANGOR DARUL EHSAN Tel : 03-32243478 Fax : 03-32243479 [Head of Branch : Shuhaimi Khalid]

BIMB Jalan Kapar - 006 Lot 336, Kompleks Majlis Agama Islam Selangor Seksyen 23, Jalan Kapar 41400 Klang SELANGOR DARUL EHSAN Tel : 03-33421911, 33421912, 33421913 Fax : 03-33421914 [Manager : Abd. Rahman Din]

BIMB Seksyen 14 - 026 Tingkat Bawah & Satu No. 2 & 4, Jalan 14/22 Seksyen 14 46100 Petaling Jaya SELANGOR DARUL EHSAN Tel : 03-79573131, 79587078, 79573834 Fax : 03-79574141 [Manager : Manzali Abd. Rahim]

BIMB Bandar Baru Salak Tinggi – 071 (M) No. 1. Medan 23 Bandar Baru Salak Tinggi 43900 Sepang SELANGOR DARUL EHSAN Tel : 03-8462534 Fax : 03-8462537 [Supervisor ll : Kamaruddin Bin Wali Mohamad]

BIMB Banting - 038 No.16 & 18 Jln Cempaka Kawasan 6 42700 Banting SELANGOR DARUL EHSAN Tel : 03-31873772, 31874772, 8613776 Fax : 03-31873776 [Manager : Ahmad Shafizi Mokhtar]

BIMB Kajang - 065 No. 58, Jalan Raja Harun 43000 Kajang SELANGOR DARUL EHSAN Tel : 03-87360798, 87361773, 87362185 Fax : 03-87362362 [Manager : Zaidah Hj. Jaafar]

BIMB Tanjung Karang – 060 (M) Tingkat Bawah, Lot 342 Bangunan Tabung Haji 45500 Tanjung Karang SELANGOR DARUL EHSAN Tel : 03-8791090 Fax : 03-8791091 [Supervisor ll : Nor Azmi Hasbullah]

BIMB Subang Jaya - 037 Tingkat Bawah & Satu No.24 Jalan USJ 10/1B 47620 UEP Subang Jaya Petaling Jaya SELANGOR DARUL EHSAN Tel : 03-56364258, 56368136, 56364261 Fax : 03-56364278 [Manager : Azhar Mohamad]

BIMB Shah Alam - 025 Tingkat Satu, Fasa 1 Kompleks PKNS 40505 Shah Alam SELANGOR DARUL EHSAN Tel : 03-55101481, 55101492, 55104509 Fax : 03-55101497 [Manager : Bostamam Hassan]

SELANGOR DARUL EHSAN

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BIMB Jasin – 041 (M) Tingkat Bawah No. JA 1765 Pusat Bandar Baru Jasin 77000 Jasin MELAKA BANDAR BERSEJARAH Tel : 06-5294859 Fax : 06-5294357 [Supervisor ll : Mohd Yasin Cha] BIMB Masjid Tanah - 035 Tingkat Bawah & Satu MT 1357 & 1358 Komplek Perniagaan Masjid Tanah 78300 Masjid Tanah MELAKA BANDAR BERSEJARAH Tel : 06-3845108, 3848340, 3848332 Fax : 06-3845109 [Manager : Haris Ahmad]

BIMB Jalan Hang Tuah - 011 Tingkat Bawah, Mezzanine & Satu Lot 11 & 12, Bangunan Syarikat Takaful Malaysia Sdn Bhd Melaka Plaza, Jalan Hang Tuah Peti Surat 290 75300 MELAKA BANDAR BERSEJARAH Tel : 06-2841366, 2841367, 2841368 Fax : 06-2847257 [Manager : Saleh Awi]

BIMB Kuala Pilah - 049 Tingkat Bawah & Satu Bangunan Darul Takaful Lot 3803 &3804 Jalan Dato’ Ulu Muar 72000 Kuala Pilah NEGERI SEMBILAN DARUL KHUSUS Tel : 06-4814600, 4878482 Fax : 06-4811431 [Manager : Hashila Ahmad]

BIMB Tampin - 028 Lot 40 & 41 Jalan Besar 73000 Tampin NEGERI SEMBILAN DARUL KHUSUS Tel : 06-4414131, 4414132, 4414133 Fax : 06-4414134 [Manager : Mohamad Hashim]

BIMB Jalan Yam Tuan - 008 Tingkat Bawah, Bangunan Yayasan Negeri Sembilan Jalan Yam Tuan Peti Surat 223 70720 Seremban NEGERI SEMBILAN DARUL KHUSUS Tel : 06-7629814, 7629815,7629816 Fax : 06-7638391 [Manager : Abd. Aziz Harun]

BIMB Nilai - 061 (M) Tingkat Bawah No. 4949, Jalan T.S. 2/1A Taman Semarak 71800 Nilai NEGERI SEMBILAN DARUL KHUSUS Tel : 06-7994702 Fax : 06-7994701 [Supervisor ll : Musa Nadzir @ Ali]

NEGERI SEMBILAN DARUL KHUSUS

MELAKA

4477

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BIMB Port Dickson – 047 (M) Tingkat Bawah No. 1680, Jalan Baharu Bangunan Tabung Haji 71000 Port Dickson NEGERI SEMBILAN DARUL KHUSUS Tel : 06-6474330 Fax : 06-6475657 [Supervisor ll : Maria Ahmad]

BIMB Batu Pahat - 023 Tingkat Bawah & Satu No. 46 & 47, Bangunan YPEIM Jalan Rahmat 83000 Batu Pahat JOHOR DARUL TAKZIM Tel : 07-4319350, 4319352 Fax : 07-4319351 [Manager : Abd. Razak Jambari]

BIMB Muar - 027 No. 75-4, 75-5, Tingkat Bawah & Mezzanine Jalan Arab 84000 Muar JOHOR DARUL TAKZIM Tel : 07-9528301, 9528302, 9528303 Fax : 07-9528304 [Manager : Anisah Hj. Ahmad]

BIMB Kluang - 036 No, 6 Jln Persiaran Yayasan, Bangunann Yayasan Pelajaran Johor 86000 Kluang JOHOR DARUL TAKZIM Tel : 07-7732701, 7726423, 7726417 Fax : 07-7732702 [Manager : Hj.Kasri Ab Rahman]

BIMB Tampoi - 064 Tingkat Bawah No. 19,& 19A Jalan Pembangunan (MLO 5583, Jalan Susur Off Jalan Tampoi) Taman Desa Rahmat 81200 Tampoi JOHOR DARUL TAKZIM Tel : 07-2345228, 2345229, 2358785 Fax : 07-2345230 [Manager : Mohamed Hafiz Said Ahamed]

BIMB Mersing - 053 Tingkat Bawah No. 30, Jalan Abu Bakar 86800 Mersing JOHOR DARUL TAKZIM Tel : 07-7995076, 7996606, 7996607 Fax : 07-7995077, 7996077 [Manager : Abu Bakar Osman]

BIMB Jalan Bukit Timbalan - 015 Tingkat Bawah & Mezzanine Menara Perisind 80720 Johor Bahru JOHOR DARUL TAKZIM Tel : 07-2240242, 2240244, 2240272 Fax : 07-2240243 [Manager : Azmi Abdullah]

JOHOR DARUL TAKZIM

4488

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BIMB Kota Tinggi – 040 (M) Tingkat Bawah No. 16, Jalan Ibrahim 81900 Kota Tinggi JOHOR DARUL TAKZIM Tel : 07-8835582 Fax : 07-8835802 [Supervisor ll : Mohd Nasir Atan]

BIMB Segamat - 058 Tingkat Bawah No. 107, Jalan Genuang 85000 Segamat JOHOR DARUL TAKZIM Tel : 07-9322901, 9322862, 9322873 Fax : 07-9324273 [Manager : Abdul Halim L.A.Samad]

BIMB Pasir Gudang - 066 Tingkat Bawah & Satu Lot 112719, No. 11 Pusat Perdagangan Pasir Gudang Jalan Bandar 81700 Pasir Gudang JOHOR DARUL TAKZIM Tel : 07-2526671, 2526672, 2526673 Fax : 07-2526676 [Manager : Abdullah Hj. Ibrahim]

BIMB Jalan Teluk Sisek - 009 No. 45, Jalan Teluk Sisek Peti Surat 396 25740 Kuantan PAHANG DARUL MAKMUR Tel : 09-5133366, 5133367, 5133368 Fax : 09-5133369 [Manager : Amiruddin Abdul Rani]

BIMB Jerantut - 069 No. 4, Lorong Dulang 1 Bandar Baru Jerantut 27000 Jerantut PAHANG DARUL MAKMUR Tel : 09-2666120, 2669096, 2669380 Fax : 09-2666380 [Manager : Shukri Hj. Said]

BIMB Bandar Pusat Jengka - 039 No. 33 & 34, Kedai 36 Unit, LKWJ Nadi Kota 26400 Bandar Jengka PAHANG DARUL MAKMUR Tel : 09-4662890, 4662871, 7664837 Fax : 09-4662891 [Manager : Mohamad Dashuki Shukri]

BIMB Bandar Muadzam Shah - 070 No. 9, Medan Mewah 26700 Bandar Muadzam Shah PAHANG DARUL MAKMUR Tel : 09-4523175, 4525175, 4525176 Fax : 09-4523177 [Manager : Razman Rojab]

BIMB Raub – 068 (M) Tingkat Bawah Bangunan Tabung Haji No. 56, Jalan Dato’ Abdullah 27600 Raub PAHANG DARUL MAKMUR Tel : 09-3558300 Fax : 09-3558302 [Supervisor ll : Ahmad Fauzi Jamlus]

BIMB Temerloh - 020 No.29 & 31 Pusat Komersil Temerloh Jln Dato’ Bahaman 3 28000 Temerloh PAHANG DARUL MAKMUR Tel : 09-2965301, 2965302, 2963222 Fax : 09-2965300 [Manager : Abdul Manan Talib]

PAHANG DARUL MAKMUR

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BIMB Cukai - 022 Tingkat Bawah, Wisma Serangkai Jalan Sulaimani Cukai 24000 Kemaman TERENGGANU DARUL IMAN Tel : 09-8592795, 8592796, 8581675 Fax : 09-8592794 [Manager : Mohamad Rizal Abdul Mutalib]

BIMB Jalan Sultan Ismail - 002 Tingkat Bawah & Satu Lot 1128, Bangunan Majlis Agama Islam & Adat Melayu Terengganu Jalan Banggol Peti Surat 205 20720 Kuala Terengganu TERENGGANU DARUL IMAN Tel : 09-6234898, 6224730, 6224744, Fax : 09-6233944 [Senior Manager : Khamis @ Roslee Mansor]

BIMB Jerteh - 029 Tingkat Bawah & Satu Lot 180 & 181, Jalan Tuan Hitam 22000 Jerteh TERENGGANU DARUL IMAN Tel : 09-6973388 Fax : 09-6971592 [Manager : Mohd Nasir Yahya]

BIMB Dungun - 034 Tingkat Bawah, Lot 3617 Jalan Baru Pak Sabah 23000 Dungun TERENGGANU DARUL IMAN Tel : 09-8445498 Fax : 09-8445502 [Manager : Ahmad Fauzi Mohd Akhir]

BIMB Wakaf Siku – 003 Lot 330-331, Wakaf Siku Jalan Sultan Yahya Petra Peti Surat 232 15720 Kota Bharu KELANTAN DARUL NAIM Tel : 09-7448377, 7448443, 7442503 Fax : 09-7443811 [Manager : Mukhtar Haji Ismail]

BIMB Kuala Krai - 046 Tingkat Bawah Lot 2396 Jalan Tengku Zainal Abidin 18000 Kuala Krai KELANTAN DARUL NAIM Tel : 09-9664627, 9603004, 9603002 Fax : 09-9664651 [Head of Branch : Mohd Supardi Yatim]

BIMB Machang - 044 No. 26 & 27, Pasar Baru Jalan Tanjung 18500 Machang KELANTAN DARUL NAIM Tel : 09-975297, 9752800, 9751490 Fax : 09-9752900 [Manager : Che Halma Mamat]

BIMB Pasir Mas - 024 Tingkat Bawah & Mezzanine No. 41 & 42, Jalan Tengku Ahmad 17000 Pasir Mas KELANTAN DARUL NAIM Tel : 09-7900750, 7900751 Fax : 09-7900752 [Manager : Mohd Asri Osman]

KELANTAN DARUL NAIM

TERENGGANU DARUL IMAN

5500

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BIMB Rantau Panjang – 067 (S) No.182, Jalan Besar Lubok Stol 17200 Rantau Panjang KELANTAN DARUL NAIM Tel : 09-7950077, 7952768 Fax : 09-7950088 [Head of centre : Muhd Zafrullah Ghazy]

BIMB Tanah Merah – 033 (M) Tingkat Bawah, Lot 211 Bangunan Tabung Haji Tanah Merah Jalan Hospital 17500 Tanah Merah KELANTAN DARUL NAIM Tel : 09-9558341 Fax : 09-9558342 [Supervisor ll : Abdul Sukor Osman] BIMB Kota Bharu II - 080 Tingkat Bawah & Mezzanine Wisma Abrar International Lot No. 54, Seksyen 8 Jalan Kebun Sultan 15350 Kota Bharu KELANTAN DARUL NAIM Tel : 09-7438825, 7419222, 7419333 Fax : 09-7438826 [Manager : Md Shakri Che Ismail]

BIMB Pasir Puteh - 078 Lot No. 493, Seksyen 1 Bandar Pasir Puteh 16800 Pasir Puteh KELANTAN DARUL NAIM Tel : 09-7860067, 7860061, 7860062 Fax : 09-7860068 [Manager : Nurol ‘Ain Abg Latip] BIMB Gua Musang – 059 (M) Tingkat Bawah, Lot 7 & 8 Bangunan Tabung Haji 18300 Gua Musang KELANTAN DARUL NAIM Tel : 09-9122003 Fax : 09-9121772 [Supervisor ll : Mohd Azizi Abu Naim] BIMB Jalan Raja Syed Alwi - 012 Lot 49 & 51, Lorong Seruling Off Jalan Raja Syed Alwi Peti Surat 30 01700 Kangar PERLIS INDERA KAYANGAN Tel : 04-9763711, 9763712 Fax : 04-9760951 [Manager : Ahmad Suhairi Baharuddin

PERLIS INDERA KAYANGAN

5511

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Lot 54 & 55, Blok 4 Bandar Wilayah 91100 Lahad Datu SABAH Tel : 089-889233, 889244, 889255 Fax : 089-889277 [Manager : Rizal Engking @ Rijal Engkeng]

BIMB Tawau - 030 Tingkat Bawah & Satu Lot 1 & 2, Block 41, Fajar Commercial Complex Jalan Haji Karim 91000 Tawau SABAH Tel : 089-778966, 778758, 779917 Fax : 089-779666 [Manager : Sapanta Abdul]

BIMB Wisma MUIS - 016 Tingkat Bawah, Wisma MUIS Jalan Tengku Abdul Rahman Peti Surat 14427 88850 Kota Kinabalu SABAH Tel : 088-223515, 223527, 223537 Fax : 088-218323 [Manager : Walid Bin Hj Abdul Malek]

BIMB Bintulu - 048 Tingkat Bawah Lot 2320, BTD Shahida Commercial Centre 97000 Bintulu Land District, Jalan Kulas SARAWAK Tel : 086-337413, 337418, 337434 Fax : 086-337401 [Manager : Mohd Arif Tambi]

BIMB Kota Samarahan - 077 Lot 6966 & 6967 Blok 59, Muara Tuang Land District 94300 Kota Samarahan SARAWAK Tel : 082-672467, 672477, 672462 Fax : 082-672469 [Manager : Suriah Abdul Rahman]

BIMB Kuching - 013 Lot 433, 434, 435 Bangunan Tuanku Muhammad Al-Idrus Jalan Kulas 93400 Kuching SARAWAK Tel : 082-412259, 414159, Fax : 082-410446 [Manager : Abdul Rahman Ali]

BIMB Miri - 054 Lot 755 , Blok 9 Jalan Merpati 98000 Miri SARAWAK Tel : 085-415422, 415424, 415245 Fax : 085-415421 [Manager : Mohd Faizal Ong Abdullah]

SABAH

BIMB Lahad Datu - 076

SARAWAK

5522