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Bank Muamalat provides a financing focility based on the Murabaha principle to Barakah Manufacturing to purchase a special equipment for their tactory. The financing amounted

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Bank Muamalat provides a financing focility based on the Murabaha principle to Barakah Manufacturing to purchase a special equipment for their tactory. The financing amounted to $900,000 at a constant rate of return of 16% per yoar for a period of 7 years. How much is the Murabaha receivablelprinciple payment for one year? 144,000 1000000 124611

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