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Question 3 Answer saved Marked out of 7.00 Flag question PART III. ANALYSIS QUESTIONS (7) 1. Shamma wants to purchase a house costing BD 2

Question 3 Answer saved Marked out of 7.00 Flag question PART III. ANALYSIS QUESTIONS (7) 1. Shamma wants to purchase a house costing BD 2 million on a Murabaha basis from a house agent. The Bank agreed on a reasonable lumpsum profit of BD 10000. And further the Bank spend BD 50 on customs charges. The repayment will be made monthly over 20 years. Calculate how much will be the selling price of the product and prepare the illustration on the Murabaha transaction based on the above scenario. (3 MARKS) Question 3 Answer saved Marked out of 7.00 Flag question PART III. ANALYSIS QUESTIONS (7) 1. Shamma wants to purchase a house costing BD 2 million on a Murabaha basis from a house agent. The Bank agreed on a reasonable lumpsum profit of BD 10000. And further the Bank spend BD 50 on customs charges. The repayment will be made monthly over 20 years. Calculate how much will be the selling price of the product and prepare the illustration on the Murabaha transaction based on the above scenario

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