Question: Direction: Answer the following question by using the required calculation and facts.(10 Marks) 1. Partner Ali & Partner Marhoon entered into Mudarabah contract of 3

Direction: Answer the following question by using the required calculation and facts.(10 Marks)

1. Partner Ali & Partner Marhoon entered into Mudarabah contract of 3 years. Partner Ali invested BD10000/- as part of capital investment. Profit and loss ratio will be 70:30. Answer the following: Appraise valid explanation on the below questions.

A. Who is the Mudarib ? Rab ul Mal?why?(4 marks)

B. Is this transaction Sharia Compliant? State the rulings? (3 marks)

C. Can partner A terminate the contract on his own? Why? ( 3 marks)

D. Profit of BD 20000/-accumulated during the year after deducting admin expenses of BD2000/- how much will be PLS between t

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