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Question 14 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, 718 Investment and Financing Million Costs of Sales Investment 443 and Financing Million Administrative and 226 Overhead Costs Million Other Fees and Revenues 52 Million In the Mudharabah contract between the bank and depositors, profit sharing ratio of depositors is: 0.26 (this number is not a percentage (%). be careful). Calculate profit of ZIB using SIAM (Separate Investment Account Method). Select one: O a. 29.50 million O b. 685.14 million O c. 1137.14 million O d. 377.50 million Question 15 Not yet answered Marked out of 2.00 P Flag question Al Maha Company is going to buy a new machine. Cost of machine is 177000 OMR. Al Maha goes to Sohar Islamic Bank (SIB) for the machine. They make a "Murabaha" contract. Profit rate for contract is 10% per year and contract is for 4 years. Al Maha will make payments monthly. What is PROFIT of Sohar Islamic Bank? Select one: O a. 1770000 OMR Ob. 38940 OMR Oc. 21240 OMR O d. 70800 OMR Previous page Next page