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 50 20. Due to customers 2025 2024 Customer current accounts Individuals 1,344,859 1,083,843 Financial institutions 298,493 210,450 Corporate institutions 844,175 705,694 Customer investment accounts Individuals 789,541 745,220 Financial institutions 706,207 500,022 Corporate institutions 1,942,605 1,257,883 5,925,880 4,503,112 Customer current accounts include balances relating to a counterparty amounting to USD 186.8 million (2024: USD 186.9 million) which was subject to sanctions under United States measures. The remaining due to customers represents Islamic deposits accepted by subsidiaries of the Group. 21. Due to banks and other financial institutions 2025 2024 Due to banks 1,075,026 1,665,120 Due to financial and other institutions 33,579 54,029 1,108,605 1,719,149 Due to banks and financial institutions includes balances totalling USD 419.2 million from two counterparties (2024: USD 419.5 million) which were subject to sanctions under United States measures. Due to banks, financial and other institutions include USD 324 million (31 December 2024: USD 553.3 million) consisting of a repo with another counterparty. 22. Provisions Included under liabilities are the following provisions: 2025 2024 Funds under management guarantee* 69,500 69,480 Total 69,500 69,480 * This includes provision related indemnity agreement. As per the indemnity agreement dated 12 April 2011, IICG subsidiary, acting as Modareb for funds managed by IICG, purchased certain assets from another related party for which the value exceeded the fair value by USD 55 million as at that date. DMI has given an unconditional and irrevocable guarantee to IICG funds under management (IICG FUM) for this fair value difference of USD 55 million. This obligation under the indemnity agreement will remain in force till assets are liquidated and the IICG FUM can request indemnity for USD 55 million during the term of the agreement. 23. Income from foreign exchange trading 2025 2024 Income from foreign exchange trading 28,019 18,883 28,019 18,883 Foreign exchange trading includes gains and losses from spot and forward contracts translated from foreign currency assets and liabilities.