Question 2

In the year 2021, Bank Ummah earned annual profit attributable to Mudarabah depositors (MudarabahMutlaqah) before distributing profit to the Bank amounting to RM1,500,000. Depositors profit sharing ratio under Mudarabah deposit account is currently at 0.7 (70:30 Depositors: Bank). The following is the information pertaining to deposit types, average balance, and the weights used for Mudarabah deposit account in the Bank for the year 2021:

Deposit Types	Average Balance (2016)	Weights	Weighted Average Balance	Depositors Share	Depositors Rate of Return
6 months & less	5,000,000	0.5
9 months & less	6,000,000	0.75
12 months & less	8,000,000	1.0
More than 12 months	11,000,000	1.25
	30,000,000

(a) Calculate the following:

i. The amount of profit due to depositors.

ii. Weighted average balance for each deposit types.

iii. Depositors share of profit based on the weighted average balance

iv. Depositors rate of return for each deposit types.

Question 2 In the year 2021, Bank Ummah earned annual profit attributable to Mudarabah depositors (Mudarabah Mutlaqah) before distributing profit to the Bank amounting to RM1,500,000. Depositor's profit sharing ratio under Mudarabah deposit account is currently at 0.7 (70:30 - Depositors: Bank). The following is the information pertaining to deposit types, average balance, and the weights used for Mudarabah deposit account in the Bank for the year 2021: (a) Calculate the following: i. The amount of profit due to depositors. ii. Weighted average balance for each deposit types. iii. Depositor's share of profit based on the weighted average balance iv. Depositors rate of return for each deposit types