Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Modarb'ah pool is managed in Islamic NBFIs with the following necessary informations: Modarbah Pool Value: 1000 Million PKR Profit Ratio Participant: Islamic NBFIs (40:60) No
Modarb'ah pool is managed in Islamic NBFIs with the following necessary
informations:
Modarbah Pool Value: 1000 Million PKR
Profit Ratio Participant: Islamic NBFIs (40:60)
No of Investors: 1000 Persons
Net Profit: 200 Million PKR
Tax on Modarbah Pool 10 % on Gross Profit
Calculate the following heads with above necessary information:
a. Investment per Investor
b. Profit Assigned to each Partner
c. Profit-Investment Ratio for Each Invesor
d. Gross Profit
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started