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Question 0 2 3 0 % down payment and the balance 7 0 % is invested by the bank. Rental value of OMR 1 0
Question down payment and the balance is invested by the bank. Rental value of OMR per year is agreed by both parties. The bank's investment of OMR will be bought by the Mr Messi in years in equal instalments.a Explain what is diminishing Musharaka contract based on a home financing product and how it differs from the conventional home financing product marksb Calculate the annual payment Ronaldo will be paying to the Bank in each of the first three years. The value should show the share of rent and capital repayment separately. marksTotal MarksYearOMIRbank by Sultan purchase price ofthe bank MR bank house to bank OMRRent payment to Sultan pays Total paymento Ornership of Ownership ofSultan
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