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Bank Muamalat provides a financing facility based on the Murabaha principle to Barakah Manufacturing to purchase a special equipment for their factory. The financing amounted
Bank Muamalat provides a financing facility based on the Murabaha principle to Barakah Manufacturing to purchase a special equipment for their factory. The financing amounted to $800,000 at a constant rate of retum of 15% per year for a period of 4 years. How much is the Murabaha Income per year? 1.200,000 12.000 120.090 210.000
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