Question 1

Part 1: In A Mudaraba contract, IFI contributed BD 150,000 to establish a company with Mr. Mohammed, the profit-sharing ratio was 60:40 Evaluate, If after the first year the Mudaraba generates a profit of BD 80,000, what's Mr. Mohamed's share on profit out of this Mudaraba

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Part 2: What's Mr. Mohamed's share on profit out of this Mudaraba

Question 2

Part 1: An Islamic bank has rented out a building to Mr. Mohammed for 12 years the purchase price was 150,000 with a 10.5% rate of profit. calculate the Ijara value for the house per month (show your working)

Part 2: What's the Ijara value for the house per month [5 marks]