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 52 30. Profit paid to financial and non-financial institutions 2025 2024 Profit paid to financial institutions 115,124 111,574 Profit paid to non-financial institutions 262,038 435,781 377,162 547,355 31. Staff costs 2025 2024 Salaries 68,009 63,771 Social security and other statutory costs 1,001 950 Pension and end of service 5,336 3,949 Other benefits 15,033 16,120 89,379 84,790 Other benefits include housing allowance, home leave, relocation expense, medical and health expense, training, severance costs and end of service benefit costs. 32. General and administrative expenses 2025 2024 Office expenses 61,285 50,509 Professional fees 13,524 12,088 IT expenses 17,062 14,773 Other 40,620 41,119 132,491 118,489 33. Taxes 2025 2024 Current taxes charge (Note 19) 108,439 96,900 Deferred taxes reversal (Note 19) (6,073) (5,651) 102,366 91,249 The expected income tax expense for the Group is an aggregate of individual amounts representing the mix of profits and losses and the applicable tax rates in each jurisdiction. Consequently, the effective tax rate on consolidated income may vary from year to year, according to the source of earnings. Most affiliates of the Group operate in tax free jurisdictions. A reconciliation between the reported income tax and the amount computed, using the weighted average of applicable domestic corporate tax rates, is as follows: 2025 2024 Net accounting 8,771 11,535 Attributable to zero tax jurisdictions (168,545) (137,298) Attributable to taxable jurisdictions 177,316 148,833 Weighted average tax rate 35% 35% Weighted average effective tax 61,348 51,974 Government levied exceptional tax 41,018 39,275 Effective tax expense 102,366 91,249