Annual Report 2024

Dar Al-Maal Al-Islami Trust NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 December 2024 in thousands of USD 42 13. Investment properties (continued) 13.1 Fair values of land and buildings (continued) 2023 Tour de Cointrin Al Khumrah Land Domaine Saint Alexandre Hidd Land At 1 January 51,482 93,526 42,756 3,061 Revaluation (losses) / gains (263) - - - Foreign exchange losses 4,786 - - - At 31 December 56,005 93,526 42,756 3,061 2023 Barbar Land Health Island Others At 1 January 51,995 116,455 26,842 Revaluation gain - - (84) Disposal - (5,940) - At 31 December 51,995 110,515 26,758 Information about fair value measurements using significant unobservable inputs (Level 3) for significant properties Description At 31 December 2024 Fair Value Valuation technique(s) Unobservable inputs Range of unobservable inputs (probability – weighted average) Relationship of unobservable inputs to fair value Tour de Cointrin Switzerland Market comparable rents and discounted cash flow Rents per square meter, Capitalisation rate, discount rate CHF 281.5 5%, 3.5% The higher the rent or price the higher the fair value. The lower the discount rate the higher the fair value. Al Khumrah Land Kingdom of Saudi Arabia* Market Approach - Comparable Method Price per square meter Residential Plots SAR 1,500- 1,750(SAR 1,500). Commercial Plots SAR 1,700 - 5,115 (SAR SAR 2100 for Second ring road and internal roads & SAR 4,400 Al Laith Road ) The higher the price per square meter the higher the fair value. Hidd Land Kingdom of Bahrain Market Approach – Residual method Price per square foot BHD 19 The higher the price per square foot the higher the fair value. Barbar Land Bahrain Sales Comparable & Market Value Approach Price per square foot RA Plots BHD 21- 27 (BHD 24), RHA BHD 24-31 (BHD 27) The higher the price per square foot the higher the fair value.