Ali is interested in acquiring an apartment which is currently priced at BD300,000 . Ali has a balance in his saving account 20 % of the current price of the apartment , so he sought a financing arrangement from a local Islamic bank ( IB ) that offered a Diminishing Musshrakah transactional structure for this arrangement . The IB agreed to extend the financing need by Ali with the following terms and conditions : Apartment cost : BD 300,000