No. 2 (Marks: 3) (CLO 3)

Dubai Islamic bank offers Diminishing Musharaka for house financing to its client at a minimum client contribution of 20 %. Suppose DIB has financed Rs. 6 million which is 80% of the total cost.

Rate of return for this facility is 13%, the plan is for 5 years and client is supposed to pay monthly

installments. Prepare a complete DM table to show units, rentals, share of both the partners, total

payments in each installment and other relevant data? To avoid laborious calculations and save your

precious time, please just show first three and last three transactions.