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Q3. The relationship between the Sharia'a Islamic Bank and its investment account holders is governed by the Mudaraba contract, as shown in table below. Sharia'a Islamic Bank: Mudaraba accounts Average funds available for investment Rupees Rupees Investment Rate 100,000,000 100% Shareholders Investment Accounts: One Year 110,000,000 90% Investment Accounts: Six Months 400,000,000 80% 650,000,000 60% Investment Saving Accounts Total funds available for investment 1260,000,000 Profit-sharing ratio: Mudarib Rab-Ul-Mal Investment Accounts: One Year 15% 85% Investment Accounts: Six Months 20% 80% 30% 70% Investment Saving Accounts Income to be allocated Rs 60,000,000 Required: Calculate the profit allocated to shareholders and to each class of profit-sharing accounts before and after the Mudarib share has been paid. Calculate the rate of return for shareholders and each class of investment account after the Mudarib share has been paid. . Q3. The relationship between the Sharia'a Islamic Bank and its investment account holders is governed by the Mudaraba contract, as shown in table below. Sharia'a Islamic Bank: Mudaraba accounts Average funds available for investment Rupees Rupees Investment Rate 100,000,000 100% Shareholders Investment Accounts: One Year 110,000,000 90% Investment Accounts: Six Months 400,000,000 80% 650,000,000 60% Investment Saving Accounts Total funds available for investment 1260,000,000 Profit-sharing ratio: Mudarib Rab-Ul-Mal Investment Accounts: One Year 15% 85% Investment Accounts: Six Months 20% 80% 30% 70% Investment Saving Accounts Income to be allocated Rs 60,000,000 Required: Calculate the profit allocated to shareholders and to each class of profit-sharing accounts before and after the Mudarib share has been paid. Calculate the rate of return for shareholders and each class of investment account after the Mudarib share has been paid