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 59 41. Maturities of assets and liabilities The maturity profiles of assets and liabilities of the Group are as follows: Up to one month One-three months Three- twelve months One-five years Over five years Total At 31 December 2024 Cash and cash equivalents 422,440 - - 2,207 - 424,647 Cash at Central Bank – statutory reserve 43,004 - - - - 43,004 Investments with Islamic institutions 118,194 - - - - 118,194 Investment securities carried at FVTPL - - 13,351 2,503 - 15,854 Investments in financings 537,401 716,117 455,403 511,001 301,648 2,521,570 Investment securities carried at FVOCI - - - 24,891 - 24,891 Investment securities carried at amortised cost 8,460 - 256,353 2,163,972 175,134 2,603,919 Accounts receivable and other financial assets 22,370 11,555 62,016 241,894 18,929 356,764 Investment properties - - - - 341,865 341,865 Development properties - - 34,701 141,575 - 176,276 Investments in associates - - 106,584 - - 106,584 Property, equipment and right-of-use assets 14,263 40 38,280 52,946 124,194 229,723 Intangible assets - 2 3,660 5,091 122,325 131,078 Total assets 1,166,133 727,714 970,348 3,146,080 1,084,095 7,094,370 Due to customers 3,890,175 149,313 398,834 64,790 - 4,503,112 Due to banks 1,050,844 136,659 192,929 24,384 314,333 1,719,149 Provisions - - 1,938 - 67,542 69,480 Accounts payable 121,102 199 223,736 15,748 65,718 426,503 Current tax payable 249 - - - - 249 Deferred tax liabilities - - 48,898 - - 48,898 Total liabilities 5,062,370 286,171 866,335 104,922 447,593 6,767,391 Net liquidity gap (3,896,237) 441,543 104,013 3,041,158 636,502 326,979 At 31 December 2023 Total assets 1,647,959 409,360 458,471 3,171,178 663,012 6,349,980 Total liabilities 4,237,973 540,102 634,861 253,503 380,012 6,046,451 Net liquidity gap (2,590,014) (130,742) (176,390) 2,917,675 283,000 303,529 The customer current and investment account and due to banks, although contractually short term in nature, tend to be renewed on maturity and expected to remain with the Group for a longer term.