Question
) Based on the calculated profit earlier, calculate the depositors rate of return for each deposit types. Please compute profit due to Alif who has
) Based on the calculated profit earlier, calculate the depositors rate of return for each deposit types. Please compute profit due to Alif who has invested RM300,000 from 1 February to 1 September 2019. Below is the following information pertaining to the deposit types, average balance, and the weights used for mudharabah deposit account in the Shariah Islamic Bank for the year 2019: Deposit Types Average balance Weights 6 months and less 52,500,000 0.25 9 months and less 60,000,000 0.50 12 months and less 67,500,000 1.00 More than 12 months 45,000,000 1.20 225,000,000
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