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Islamic Finance Question Q2:Shelby Caf needs some advanced kitchen equipments like ovens, fancy utensils, room sprays, sweeping machines, comfortable sofa sets, chairs and for all
Islamic Finance Question
Q2:Shelby Caf needs some advanced kitchen equipments like ovens, fancy utensils, room sprays, sweeping machines, comfortable sofa sets, chairs and for all of them Shelby caf need investment of 4,0 00,000. So, for this Shelby caf is doing Murahaba with Meezan bank limited in which Shelby caf is liable to pay 4, 0 00,000 to Meezan bank limited with 6% of margin in the time frame of 8 months.
Prepare schedule of Murabaha financing (10 Marks)
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