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Al Kenz Company needs cars for its operations. On January 2019, Al Kenz makes an jarah Muntahia Bittamteek contract with Meetha Islamic Bank (MIB) for

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Al Kenz Company needs cars for its operations. On January 2019, Al Kenz makes an "jarah Muntahia Bittamteek" contract with Meetha Islamic Bank (MIB) for 10 years, MIB purchases 6 cars. Purchase cost of each car is 14000 OMR and maintenance expenses for each car is 400 OMR per year. Al Kenz will pay 200 OMR per car for each month as rent payment. At the end of contract, MIB agrees to sell each car at 2700 OMR. What is total PROFIT/ LOSS of MIB? Select one: a. 108000 OMR b. 372000 OMR c. 52200 OMR d. 268200 OMR

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