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 47 15. Investment in associates (continued) During the year, the Group’s subsidiary increased its shareholding in these funds, thereby classifying them as associates. - Share of reserves of Investment in associates amount to USD 4.2 million (31 December 2024: USD 4.4 million). - Investment in associates include conventional investments totaling USD 78.1 million (31 December 2024: USD 81.2 million). Summarised financial position of significant associates that have been equity accounted: Citic International Assets Management Limited 31 December 2025 31 December 2024 Total assets 71,161 80,163 Total liabilities 4,293 5,340 Total revenue (7,719) (1,894) Total net profit (9,095) (8,835) Naseej B.S.C. (c) 31 December 2025 31 December 2024 Total assets 234,944 244,920 Total liabilities 20,035 22,596 Total revenue 4,050 3,512 Total net profit (1,912) (2,339) 16. Property, equipment and right-of-use assets 31 December 2025 31 December 2024 Cost Accumulated depreciation Net book amount Cost Accumulated depreciation Net book amount Land and buildings 55,723 (17,410) 38,313 46,827 (7,896) 38,931 Leasehold improvements, furniture, equipment and motor vehicles 180,820 (17,832) 162,988 166,503 (24,638) 141,865 Right-of-use assets 129,441 (73,782) 55,659 113,035 (64,108) 48,927 365,984 (109,024) 256 ,960 326,365 (96,642) 229,723 Depreciation charge for the year ended 31 December 2025 amounted to USD 19.6 million (31 December 2024: USD 13.9 million). During the year, the Group have transferred USD 6 million (2024: Nil) from Investment properties to property, equipment and right-of-use assets.