AL-SALAM REIT ANNUAL REPORT 2019

We have acted as the Shariah Adviser of AL-SALĀM REAL ESTATE INVESTMENT TRUST (the “Fund”). Our responsibility is to ensure that the procedures and processes employed by DAMANSARA REIT MANAGERS SDN BERHAD (the “Manager”) and that the provisions of the Trust Deed are in accordance with Shariah principles. In our opinion, the Manager has operated and managed the Fund in accordance with applicable guidelines pertaining to Shariah matters, and principles, concepts and rulings endorsed by the Shariah Advisory Council of the Securities Commission (“SACSC”) for the financial year ended 31 December 2019. In addition, we also confirm that: 1) The investment portfolio of the Fund is Shariah-compliant, which comprises: (a) Rental income from investment properties which complied with the Securities Commission Guidelines for Investments of Islamic Real Estate Investment Trust. The percentage ratio of Shariah non-compliant rental is 3.26% for the financial year ended 31 December 2019; and (b) Cash placement and liquid assets, which are placed in Shariah-compliant investments and/or instruments. 2) There was no acquisition of property that is Shariah non-compliant during the financial year. For the Members of Shariah Committee _____________________________________ DATO' (DR.) HAJI NOOH BIN GADOT CHAIRMAN, SHARIAH COMMITTEE 31 January 2020 Shariah Committee Report AL-SALĀM REIT • 154 ANNUAL REPORT 2019 To The Unitholders of Al-Salām Real Estate Investment Trust