Question: 2. Partner A & Partner B entered into Mudarabah contract for 2 years. Partner A invested BD50,000/- as part of capital investment. Profit and loss

2. Partner A & Partner B entered into Mudarabah contract for 2 years. Partner A invested BD50,000/- as part of capital investment. Profit and loss ratio will be 70:30. Answer the following:

a. Who is the Mudarib? Rab ul Mal? Why?

b. Is this transaction Sharia Compliant? State the rulings.

c. Can Partner A terminate the contract on his own? Why?

d. Profit of BD10,000/- accumulated during the year after deducting admin expenses of BD1,000/-, how much will be PLS between the two? Show computation. (10 Marks)

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