AL-SALAM REIT ANNUAL REPORT 2025

Manager’s Report 230 Statement by Directors of the Manager 237 Statutory Declaration 237 Independent Auditors’ Report 238 Statements of Comprehensive Income 242 Statements of Financial Position 244 Statements of Changes in Net Asset Value 246 Statements of Cash Flows 247 Notes to the Financial Statements 249 9 Section FINANCIAL STATEMENTS Integrated Annual Report 2025

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