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Bank Muamalat provides a financing facility based ori the Murabaha principle to Barakah Manufacturing to purchase The financing amounted to $900,000 at a constant rate

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Bank Muamalat provides a financing facility based ori the Murabaha principle to Barakah Manufacturing to purchase The financing amounted to $900,000 at a constant rate of return of 16% per year for a period of 7 years. How mercherial equipment for their factory. Financing at the end of Year 4 ? 35514 1,040285 . a17,714

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