Question: Murabaha Financing Installment Computation Example: Abdulla wants to buy a machine for his factory. He cannot make the cash payment to purchase the machine. The

Murabaha Financing Installment Computation Example: Abdulla wants to buy a machine

Murabaha Financing Installment Computation Example: Abdulla wants to buy a machine for his factory. He cannot make the cash payment to purchase the machine. The cost of the machine is BD50,000 and the bank's profit rate is 10%. The period of financing is 6 months. Abdulla is willing to make a lump sum payment upon the expiry of 6 months. How much would Abdulla repay the bank

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