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Stock Market Capital Impairment and its Impacts If ABC Company invested in a 2 years Sukuk valued at USD 5000000 by providing 75% based on

Stock Market Capital Impairment and its Impacts

If ABC Company invested in a 2 years Sukuk valued at USD 5000000 by providing 75% based on the Musharakah contract, remaining Sukuk was invested by FAF Islamic Bank.

1.At the end of the first year Sukuk value declined by 18%.

2.At the end of the second year Sukuk value increased by 22%.

Find:

a.Capital invested by ABC Company in USD.

b.Capital invested by FAF Islamic Bank in USD.

c.Profit/losses incurred by ABC and FAF after first year in USD.

d.Profit/losses incurred by ABC and FAF after second year in USD.

e.ABC and FAF claims at the end of investments in USD

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