Assignment # 1

Question # 01
IU Co. is holding 2 million shares of Rs.110 each as its total Net worth. The company decided to
obtain working capital financing under Musharka mode of financing by liquidating 25% of its
shares to Ameen Islamic Bank for 5 years terms. During the period company reported Profit &
Loss results as (Rs.220,000), (310,000), Rs.455,000, Rs.850,000 & 800,000. In the fifth year the
company buyout the entire shares from the Bank Muslim at prevailing share price of the term.
Show all the calculations.

Question# 02
Syendicate/Collective Modaraba
Investment
Amount
Mudarba Capital % 8, 000,000

1 A Group 6
Rab-ul-Malls

2 B Group 14
3 C Group 8
4 D Group. 9
5 E Group 10
6 F Group 7
7 G Group 13
8 H Group 23

9 I Group 10

Administrative Costs 24
Sales 12,000,000
Required: Fill the required fillings to complete the problem.

Q#3. Mudarbah Financing from Mudassir bank to M. Ahmad is 300,000 at 60:40

with 5% cost (sales=350,000), to Osama is 450,000 at 30:70 with 7% cost
(sales=550,000) to Zeeshan is 500,000 at 50:50 with 9% cost (sales=450,000)

After collecting the profitability, Islamic bank will share it with its Rab-al-Maal at
43:57. Determine the following details:

1. Show all the calculations with proper format

2. Mudarbah Capital amount?
3. Name the type of Mudaraba executed in the question
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