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Shahida Bank's balance sheet is given below: Financing Amount Rate per Deposit (million) year (%) Cash 7000 0 Wadiah dhamanah Amount Rate per (million)
Shahida Bank's balance sheet is given below: Financing Amount Rate per Deposit (million) year (%) Cash 7000 0 Wadiah dhamanah Amount Rate per (million) year (%) 90000 0 BBA 120000 7 Mudarabah unrestricted 40000 4 Investment AITAB 50000 6 Mudarabah restricted 30000 4 investment Sukuk 30000 4 Commodity Murabahah 70000 3 Salam 20000 5 a) Find Shahidah bank's cost of deposits. b) Find Shahidah bank's gross revenue. c) Find Shahidah bank's net revenue. d) If overhead expenses is 1500 million and provisions for non-performing financing 300 million, profit equalization reserve is 100 million, find the profit before tax and zakat. e) If the tax and zakat rate is 40%, what will be Shahidah bank's net profit?
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