Question 3 Bank Al Ain Islami provides a financing facility based on the Murabaha principle to Emirates Construction to purchase specialized equipment to be used for their construc financing is $10,000,000 at a constant rate of return of 10% for a period of 5 years. Due to some cash flow problems, Emirates Construction paid the final installment in Yea Required: 1 Present a statement showing the amount of Net Receivable, Unearned Murabaha Income, and Murabaha Income for the whole duration of the contract. marks) Prepare journal entries for Bank Al Ain Islami for the above transactions. (4 marks) For the toolbar, press ALT F10 (PC) or ALT FN+F10 (Mac). B IS Paragraph Arial 10pt TA TE X X, B TI be Question 3 Bank Al Ain Islami provides a financing facility based on the Murabaha principle to Emirates Construction to purchase specialized equipment to be used for their construc financing is $10,000,000 at a constant rate of return of 10% for a period of 5 years. Due to some cash flow problems, Emirates Construction paid the final installment in Yea Required: 1 Present a statement showing the amount of Net Receivable, Unearned Murabaha Income, and Murabaha Income for the whole duration of the contract. marks) Prepare journal entries for Bank Al Ain Islami for the above transactions. (4 marks) For the toolbar, press ALT F10 (PC) or ALT FN+F10 (Mac). B IS Paragraph Arial 10pt TA TE X X, B TI be