subject: Islamic Banking & Finance

answer is required immegiately thanks!

59 Q. 1: (Marks: 4+2) a) Suppose Al Barakah Bank received the following deposits during the first quarter of its operation in Suburb Islamabad: Name deposits in PKR Deposited days Khan 200,000 Malik 600,000 30 Warraich 300,000 70 Chaudhry 500,000 If profit of bank for the quarter without charging for operating expenses is Rs; 300,000 and operating expenses are Rs; 1500,000. While using Daily Product System what is share in profit of bank and each depositor assuming share of Mudarib is 90%? What is percentage return per annum on amounts deposited? b) Assume that estimated annual return was 15 percent. What is the difference in amount each depositor receive and estimated amount? 28