Max. Marks = 9 = 4+2+3 Suppose that in Sweet International (SI), a hypothetical candy manufacturing factory, production process needs a new packaging machine that worth AED 5 Million. Due to having not enough liquidity, SI has approached International Islamic Bank (IIB) and signed a Master Murabaha Finance Agreement (MMFA) in March 2014 with the following terms of the contract: All machine's characteristics are well identified. The bank will hire an expert to buy the machine with a salary AED 20K paid by SI. The bank takes a markup, which is 18% of the machine's initial price. Bank will pay for the takaful insurance amount of AED 30K. SI has to pay the bank the whole Murabaha price as a lump sum on 1st January 2020. Based on the above information, answer the following: a. What will be the net profit of IIB? b. Suppose that SI couldn't pay the Murabaha price on due date and banks rolls-over its payments. Is it permissible? Why or why not? c. What will be the total Murabaha price SI will have to pay to IIB? e TTTF Paragraph ^ Arial %D0Q fx Mashups - 15 3 (12pt) 4 = - E - T-y S3 T Tz s - - - - HTML CSS Max. Marks = 9 = 4+2+3 Suppose that in Sweet International (SI), a hypothetical candy manufacturing factory, production process needs a new packaging machine that worth AED 5 Million. Due to having not enough liquidity, SI has approached International Islamic Bank (IIB) and signed a Master Murabaha Finance Agreement (MMFA) in March 2014 with the following terms of the contract: All machine's characteristics are well identified. The bank will hire an expert to buy the machine with a salary AED 20K paid by SI. The bank takes a markup, which is 18% of the machine's initial price. Bank will pay for the takaful insurance amount of AED 30K. SI has to pay the bank the whole Murabaha price as a lump sum on 1st January 2020. Based on the above information, answer the following: a. What will be the net profit of IIB? b. Suppose that SI couldn't pay the Murabaha price on due date and banks rolls-over its payments. Is it permissible? Why or why not? c. What will be the total Murabaha price SI will have to pay to IIB? e TTTF Paragraph ^ Arial %D0Q fx Mashups - 15 3 (12pt) 4 = - E - T-y S3 T Tz s - - - - HTML CSS