Question: Fast answer please Just need option No need explain I will rate you Question 22 Not yet answered Marked out of 2.00 Flag question The
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Question 22 Not yet answered Marked out of 2.00 Flag question The following are information of the business operations for Zain Islamic Bank (ZIB) for the year 2019: Revenues from Sales 636 Investment and Financing Million Costs of Sales Investment 488 and Financing Million Administrative and 165 Overhead Costs Million Other Fees and Revenues 76 Million In the Mudharabah contract between the bank and depositors, profit sharing ratio of depositors is: 0.21 (this number is not a percentage (%). be careful). Calculate profit of ZIB using PM (Pooling Method). Select one: O a. 817.65 million O b. 46.61 million Oc 1078.35 million O d. 27.92 million Question 23 Not yet answered Marked out of 1.00 P Flag question Which of the following is the most appropriate definition of Murabaha? Select one: a. Murabaha refers to a contract for the sale of goods in which the buyer pays the sales price of the goods which do not include the profit. O b. Murabaha refers to an arrangement under which two or more partners share in investing in and receiving the profits from a partnership O c. It is a contract for the sale of an item of property in which the seller declares his cost and adds an agreed profit and sells the item to the buyer at the cost plus an agreed profit. O d. None of these
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