Q1. (a) Islamic Bank XYZ takes a 90-day Mudarabah Interbank Investment deposit from Islamic Bank ABC. The face value of the deposit is RM10 million. The PSR is 70:30. Assuming the gross profit declared by Islamic Bank XYZ on a one-year deposit is 4.5% annualized, determine the total amount that Islamic Bank XYZ is obliged to pay Islamic Bank ABC on Day 91. The Government Investment Certificate rate (GIC) is 3.0%. (6 marks) (b) A Senadat Mudarabah CAGAMAS sukuk (SMC) has the following features: Time left to maturity = 12 months (365 days) Time to next coupon = 6 months (180 days) Time from last coupon = exactly 60 days Indicative Coupon = 10% per annum Yield to maturity = 14% per annum Price the Senadat Mudarabah CAGAMAS sukuk based on face value per RM100. (10 marks) Q1. (a) Islamic Bank XYZ takes a 90-day Mudarabah Interbank Investment deposit from Islamic Bank ABC. The face value of the deposit is RM10 million. The PSR is 70:30. Assuming the gross profit declared by Islamic Bank XYZ on a one-year deposit is 4.5% annualized, determine the total amount that Islamic Bank XYZ is obliged to pay Islamic Bank ABC on Day 91. The Government Investment Certificate rate (GIC) is 3.0%. (6 marks) (b) A Senadat Mudarabah CAGAMAS sukuk (SMC) has the following features: Time left to maturity = 12 months (365 days) Time to next coupon = 6 months (180 days) Time from last coupon = exactly 60 days Indicative Coupon = 10% per annum Yield to maturity = 14% per annum Price the Senadat Mudarabah CAGAMAS sukuk based on face value per RM100. (10 marks)