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accise 4: The following information is related to the results of Al-Hilal Islamic bank during the year ended December 31,2015 . The agreed profit sharing
accise 4: The following information is related to the results of Al-Hilal Islamic bank during the year ended December 31,2015 . The agreed profit sharing ratio between the bank and Mudarabah depositors is 7:3, respectively. Required A. Prepare the income statement for profit distribution between Al-hilal bank and Mudarbarah depositors based on: 1) Separate investment account method (SIAM) 2) Pooling method (PM) B. Which profit distribution method do you think the bank might prefer
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