AL-SALAM REIT ANNUAL REPORT 2017

AL-SALĀM REIT ANNUAL REPORT 2017 3 SECTION 4 SUSTAINABILITY STATEMENT 70 About This Report 71 Our Journey Towards a Sustainable REIT 72 Governance and Accountability 74 Engaging Our Stakeholders 76 Assessing Materiality Matters 78 Sustainable REIT 80 Our Environment 81 Our People 83 Our Community SECTION 6 FINANCIAL REPORTS 110 Manager’s Report 116 Independent Auditors’ Report 121 Statement of Profit or Loss & Other Comprehensive Income 123 Statements of Financial Position 125 Statement of Changes In Equity 126 Statements of Cash Flows 128 Notes of the Financial Statements 164 Statement by the Manager 165 Declaration by the Director of the Manager 166 Shariah Committee Report 167 Trustee’s Report 168 Analysis of Unit Holdings SECTION 5 ESSENCE OF CORPORATE GOVERNANCE 86 Board Charter 96 Corporate Governance Statement 104 Audit Committee Report 106 Statement on Risk Management and Internal Report