Stock Market Capital Impairment and its Impacts

If ABC Company invested in a 2 years Sukuk valued at USD 5000000 by providing 75% based on the Musharakah contract, remaining Sukuk was invested by FAF Islamic Bank.

1. At the end of the first year Sukuk value declined by 18%.

2. At the end of the second year Sukuk value increased by 22%.

Find:

a. Capital invested by ABC Company in USD.

b. Capital invested by FAF Islamic Bank in USD.

c. Profit/losses incurred by ABC and FAF after first year in USD.

d. Profit/losses incurred by ABC and FAF after second year in USD.

e. ABC and FAF claims at the end of investments in USD.

Answer rating: 100% (QA)

a Capital invested by ABC Company in USD Capital invested by ABC Company 75 of Sukuk value 75 of 500... View the full answer