QUESTION 8

You have invested in 24 Mudaraba Sukuks with a profit share of 69%. The value of each Mudaraba Sukuks is AED 285466. Your friend has invested in 64% of 36 Musharaka Sukuks. The profit share of your friend's investment is 54% and the value of each Musharaka Sukuks is AED 101220. After one year your investment generated a loss of AED 49986 over the holding period, whereas, the value of friends' investment went down by 51 % over the holding period. What is the total (combined) percentage return for you and your friend's investment over the holding period?