DECOMPOSED AL-MABROOR INVESTMENT CARCASS

25 May 2026 articles Page1 PO Box 3393, Port Elizabeth, 6056 Email: [email protected] The Majlis 7 Zul-Hijjah 1447 – 25 May 2026 THE STENCH OF THE HARAAM DECOMPOSED AL-MABROOR INVESTMENT CARCASS BECOMING UNBEARABLE A series of documents released by Al Mabroor Transparency Movement (ATM) is presented for the scrutiny and understanding of Muslims who are quick to invest in these illegitimate haraam companies which the illegitimate, mercenary shaitaani ‘shariah’ boards so quicly certify as halaal with their corrupt interpretations designed to dupe the ignorant Muslim public. THE DOCUMENTS Assalamu Alaikum, Please find attached the Ulema certificate that was signed. The Auditors have now raised a reportable irregularity due to the fact that directors presented fraudulent statements to the investors in 2023. Everyone was misled because the investors were presented financials that were different to the actual AFS. The set presented to investors indicated "profit declared to investors" but the real set showed "finance cost" (interest/riba). We now as ATM are trying to understand how this was possible as a shariah committee was there to ensure compliance and issuing of certification. We need to understand what processes are undertaken to certify any of scheme to be shariah compliant. Many victims who are widows, pensioners and vulnerable are now left completely destitute. Your response and assistance is appreciated Regards, Mahomed Page2 Page3 Page4 Page5 ATM poses the following query: “We now as ATM are trying to understand how this was possible as a shariah committee was there to ensure compliance and issuing of certification?” Answer There is no conundrum here. The committee to whom you refer to as a ‘shariah committee’ was NEVER a Shariah committee. It was a committee operating under inspiration and dictation of Iblees. The determinant for halaal certification is always the boodle which is paid lucratively by the donkey company to the donkey molvis and stupid muftis who man these shaitaani committees and boards which are dubbed ‘shariah’ boards. N Certificate of Shariah Compliance This serves to confirm that we have reviewed the investment documentation related to the Al Mabroor Agri Fund. We have also conducted a review of the operations of the Fund. Based on the information at our disposal we are of the considered opinion that the Fund and its Management has not violated any investment principles of Shariah and accordingly is compliant with Shariah principles. We have also conducted a principled calculation of the Zakaat due by investors on their investment in the Al Mabroor Agri Fund for the Islamic year Ramadhaan 1444 A.H. Investors should calculate their Zakaat based on 83.5% of the statement value and are accordingly required to add this value to their other Zakaatable assets and discharge Zakaat on this portion as well, as the fund is not mandated to discharge Zakaat on behalf of investors. Maw. Sheikh Muhammad Carr Maulana Bilal Jakhura Member SCC Member SCC Mufti Shafique Jakhura Chairman Shariah Consultancy Committee 29 March 2023 The financials which were attached to the urgent application were obtained from the Al Mabroor This information would be available to any party who website at the time. accessed the website. I trust that this clarifies the position. Al Mabroor Agri Proprietary Limited (Registration number: 2018/566407/07) Summary Financial Statements for the year ended 28 February 2023 Statement of Comprehensive Income Figures in Rand Revenue Cost of sales Gross profit Other income Operating expenses Operating profit Fair Value Gains & Recoveries Holding Cost due to FMD Net Profit before Financing (Investor Profits) Profits Declared to Investors Profit (loss) before taxation Taxation Total comprehensive (loss) income for the year 2023 950,609,555 (831,927,879) 118,681,676 73,376,680 (54,072,500) 137,985,856 467,935,877 (300,783,792) 305,137,941 (306.248.411) (1,110,470) (1,110,470) 17/2/2025-2:52:57 PM 2022 831,144,815 (711,404,659) 119,740,156 52,024,349 (40,461.416) 131,303,089 84,465,955 215,769,044 (210,050,478) 5,718,566 3,203,069 8 921 635 Page 3 Note(s) Al Mabroor Agri Proprietary Limited (Registration number: 2018/566407/07) Financial Statements for the vear ended 28 February 2023 Statement of Comprehensive Income Figures in Rand Revenue Cost of sales Gross profit Other income Operating expenses Operating profit Finance costs (Loss) profit before taxation Taxation (Loss) profit for the year Other comprehensive income Total comprehensive (loss) income for the year Page4 10 15 16 17 18 21 22 2023 950,609,555 (831,927,879) 118,681,676 541,312,557 (354,856,292) 305,137,941 (306,248,411) (1,110,470) (1,110,470) (1,110,470) 2022 831,144,815 (711,404,659) 119,740,156 136,490,304 (40,461,416) 215,769,044 (210,050,478) 5,718,566 3,203,069 8,921,635 8,921,635