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questaion :Suppose Khaleeji Commercial bank has BD4,000,000 and plans to generate income by offering in Interbank market on the basis of commodity Murabaha with a
questaion :Suppose Khaleeji Commercial bank has BD4,000,000 and plans to generate income by offering in Interbank market on the basis of commodity Murabaha with a third party, say goobal trading. khaleeji commercial bank will first buy cottron from global trading at spot for BD4,000,000. and the sell cotton to al baraka bank on deferred payment. They agree on 4% annual profit. al barkaa will sell cotton to goobal trading on spot for BD4,000,000. khaleeji bank will receive at the end of 60 days ------ and annual rate of return is --------- and total payable after 60 days is ------
O A. 29, 301.37 5.95% 4029,301.37 OB. 26, 301.37 3.95% 4026,301.37 O c. 29, 801.37 5.00% 4029,801.37 O D. None of the above Step by Step Solution
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