1.What do you understand by Diminishing Musharakah? Describe step by step transaction of a house financing agreement drawn on the basis of Diminishing Musharikah. 2. What is the difference between interest based financing andMusharakah? 3.Determine the validity of following musharakah transactions: a) Ali and Ahmad agreed that Ali will get 4% of his investment as profit. b) Aleem & Beena enter into a partnership and it is agreed between them that Aleem shall be given Rs 50,000/- per month as his share in the profit and the rest will go to Beena.