7 Capital adequacy
Capital management
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.
| 2024 | 2023 | |||
| AED’000 | AED’000 | |||
| Total capital base | 739,185 | 743,215 | ||
| Risk weighted assets: | ||||
| Statement of financial position items | 2,831,031 | 2,541,261 | ||
| Off statement financial position exposures | 81,224 | 88,345 | ||
| Total risk weighted assets | 2,912,255 | 2,629,606 | ||
| Total assets ratio (%) | 25.38% | 28.26% |
