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2 points Al salam Bank has BD5,000,000 surplus funds and plans to earn some income by offering in inter bank market in Mudaraba based lending
2 points Al salam Bank has BD5,000,000 surplus funds and plans to earn some income by offering in inter bank market in Mudaraba based lending Suppose Ithmaar banks needs to borrow same amount for same tennure. Both agrees to 60:40 profit sharing in favor of Al Salam bank. Assume that Ithmaar bank declares 6% profits the tennure is for 30 days. How much Alsalam will earn from this investment and what what will be the annual rate of return and what will be the total funds payable O A BD16,794,52 4.55% 5016.794.52 O B. BD18, 794.52 5.55% 5018,794.52 O CBD14, 794.52 3.55% 5014.794.52 O , none of the above 2 points Al salam Bank has BD5,000,000 surplus funds and plans to earn some income by offering in inter bank market in Mudaraba based lending Suppose Ithmaar banks needs to borrow same amount for same tennure. Both agrees to 60:40 profit sharing in favor of Al Salam bank. Assume that Ithmaar bank declares 6% profits the tennure is for 30 days. How much Alsalam will earn from this investment and what what will be the annual rate of return and what will be the total funds payable O A BD16,794,52 4.55% 5016.794.52 O B. BD18, 794.52 5.55% 5018,794.52 O CBD14, 794.52 3.55% 5014.794.52 O , none of the above
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