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 43 13. Investment properties (continued) 13.1 Fair values of land and buildings (continued) 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 Health Island Bahrain Sales Comparable Approach Price per square foot Mix Plots BHD 38.5, RES BHD 32 The higher the price per square foot the higher the fair value. Domaine Saint Alexandre Canada Development (Subdivision) Approach - Development Method, Cost Approach Price per square foot CAD 9.60 The higher the price per square foot the higher the fair value. * The valuation of Al Khumrah Land has been serviced, subdivided and benefits from planning consent for the residential villa masterplan. The Group will be compensated for the land relinquished due to development hence the infrastructure and other development cost is reflected in the value of the property Information about fair value measurements using significant unobservable inputs (Level 3) for significant properties (continued) Description At 31 December 2023 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 56,005 Market comparable rents and sales and discounted cash flow Rents per square meter, price per square meter, Capitalisation / discount rate CHF 320-420 (CHF 330), CHF 7,000- 8,000 (CHF 7,172), 3.0-3.25% (3.12%) 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* 93,526 Residual Approach & Comparable Price per square meter Residential Plots SAR 1,083- 1,375(SAR 1,300). Commercial Plots SAR 1,750 3,889(SAR 3,000) The higher the price per square meter the higher the fair value. Hidd Land Kingdom of Bahrain 3,061 Sales Comparison Approach Price per square foot BHD 19 The higher the price per square foot the higher the fair value. Barbar Land Bahrain 51,995 Sales Comparable & Market Value Approach Price per square foot BD 16 The higher the price per square foot the higher the fair value.