Microsoft Word - DMIT FINANCIAL STATEMENTS 2025-Final draft.

Dar Al-Maal Al-Islami Trust NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 December 2025 in thousands of USD 38 8. Investment securities carried at FVOCI Financial assets at fair value through other comprehensive income (FVOCI) comprise: - Equity securities which are not held for trading, and which the group has irrevocably elected at initial recognition to recognise in this category. Debt securities where the contractual cash flows are solely principal, and interest and the objective of the Group’s business model is achieved both by collecting contractual cash flows and selling financial assets. 2025 2024 Debt-type instruments – listed - 144,090 Debt-type instruments – unlisted 2,380,785 2,385,794 Equity-type securities – listed 38,477 39,306 Equity-type securities – unlisted 156,518 174,287 2,575,780 2,743,477 Less: Allowance for impairment (139,620) (139,557) Total 2,436,160 2,603,920 The expected credit loss movement in investment debt securities carried at FVOCI is summarised as follows: 2025 2024 At 1 January 139,557 133,647 Net financial assets originated (4,776) 1,603 FX movements 4,839 4,307 At 31 December 139,620 139,557 9. Investment securities carried at amortised cost 2025 2024 Investment securities carried at amortised cost 19,782 29,935 Less: Allowance for impairment - (5,044) 19,782 24,891 The expected credit loss movement in investment securities carried at amortised cost is summarised as follows: 2025 2024 At 1 January 5,044 5,013 Net financial assets (5,044) 31 At 31 December - 5,044 The carrying value of investment securities at amortised cost (net of impairment provision) approximates fair value. 10. Investments in financings 2025 2024 Investments in financings 3,489,668 2,742,148 Provision for expected credit losses (Note 4.B.i) (217,889) (220,578) Investments in financings 3,271,779 2,521,570 Certain assets totalling USD 4.5 million (31 December 2024: USD 4.5 million) included above are held by third parties as nominee on behalf of the Group. Financing contracts includes restructured facilities amounting to USD 19.1 million (31 December 2024: USD 127.8 million).