8 Capital adequacy

Capital management

The primary objective of the Group’s capital management is to ensure that the Group maintains healthy capital ratios in order to support its business, to maximize shareholders’ value and to ensure that the Group complies with externally imposed capital requirements.

The Group manages its capital structure and makes adjustments to it in the light of changes in economic conditions and the risk characteristics of its activities. In order to maintain or adjust the capital structure, the Group may adjust the amount of dividend payment to shareholders or issue capital securities. No changes were made in the objectives, policies and processes from the previous years.

 


  2022 2021
  AED’000 AED’000
     
Total capital base 820,758 841,069
  ————————- ————————-
Risk weighted assets:    
Statement of financial position items 3,000,855 2,962,247
Off statement financial position exposures 131,155 162,962
  ————————- ————————-
Total risk weighted assets 3,132,010 3,125,209
  ============= =============
Total assets ratio (%) 26.21% 26.91%
  ————————- ————————-