1 Muslim Bank enters into Modaraba transaction with five Modarib, workout the

transactions on prescribe format on the following terms:

 Ali Associates Rs.800,000 cost@10%, Profit 40:60 proceeds Rs.810,000
 Scan Group Rs.700,000 cost@7% Profit 35:65 Expected Proceeds 812,000
 Golden Spot Rs.600,000 cost @8% profit 55:45 Proceeds Rs.770,000
 Karachi Electric Rs.400,000 cost @9% profit 50:50 Proceeds Rs.578,000
 Sailor Services Rs.100,000 @5% Profit 60:40 Proceed 55,000.

2 Muslim Bank enters into Modaraba transaction with five Modarib, workout the
transactions on prescribe format on the following terms:
 Ali Associates Rs.100,000 cost@7%, Profit 40:60 proceeds Rs.210,000
 Scan Group Rs.200,000 cost@8% Profit 35:65 Expected Proceeds 312,000
 Golden Spot Rs.300,000 cost @9% profit 55:45 Proceeds Rs.470,000
 Karachi Electric Rs.400,000 cost @10% profit 50:50 Proceeds Rs.578,000
 Sailor Services Rs.500,000 @5% Profit 60:40 Proceed 455,000.

ABC Bank enters into Modaraba transaction with five Modaribs, workout the
transactions on prescribe format on the following terms:
 01 Associates Rs.20,000 Cost@7%, Profit 40:60 proceeds Rs.40,000
 02 Group Rs.70,000 Cost@9% Profit 35:65 Expected Proceeds 92,000
 03 Enterprises Rs.50,000 Cost @6% profit 55:45 Proceeds Rs.70,000
 04 Pvt Ltd Rs.90,000 Cost @10% profit 50:50 Proceeds Rs.120,000
 05 Builders Rs.40,000 @5.5% Profit 60:40 Proceed 35,000.

 ABC bank has the relationship of Mudarbah with Mr. Ameen @95:05

Calculate all.

ABC Services is holding 1 million shares of Rs.100 each as its total Net worth. The
company decided to obtain working capital financing under Musharka mode of financing
by liquidating 30% of its shares to Bank Muslim for 5 years terms. During the period
company reported result Profit & Loss of (Rs.250,000), (410,000), Rs.355,000,
Rs.750,000 & 810,000. 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.

5 Services International net worth is Rs.100 million divided into shares at a base
price of Rs.100 each. The company invited an investor M/s Globe Inc who purchases
40% holding at base rate under Musharka mode for 5 years buy back terms. During the
period company reported result Profit & Loss of (Rs.10,000), (20,000), Rs.55,000,
Rs.35,000 & 50,000. In the fifth year the company buyout the entire shares from the
Bank Muslim at prevailing share price of the term.

6 Shaheen Services inter into Musharka Agreement with M/s Shape International
by selling its 30% share on net worth is Rs.40 million divided into shares at a base price
of Rs.10 each. During the period company reported result Profit & Loss of (Rs.350,000),
(110,000), Rs.155,000, Rs.350,000 & 510,000. In the fifth year the company buyout the
entire shares from the Bank Muslim at prevailing share price of the term.
7 Qsim trader imported 1000 Metric Tons of White Sugar through Muslim
Bank at 30% Arboon Participation on International Trade Price of Rs.35,000.
The bank enter into Morabaha agreement on the Cost Plus basis by deducting
Cost of Product incurred as Transport 3%, Insurance 2%, Warehousing 2%,
Macadam 1%, Selling Expenses 3%. Qasim Trader agrees to sell the stock in 60
days but fail to complete the total sale and declare the following result. 300 Tons
were sold at Rs.41,000, 250 Mt were sold at Rs.40,500 per Mt and 450 Mt at
Rs.39,980 Mt. Prepare the worksheet and give the following information in
support of your working”

8 General trader imported 3000 Metric Tons of White Sugar through

Muslim Bank at 25% Arboon Participation on International Trade Price of
Rs.45,000. The bank enter into Morabaha agreement on the Cost Plus basis by
deducting Cost of Product uncured as Transport 4%, Insurance 3%, Warehousing
3%, Macadam 1%, Selling Expenses 5%. Qasim Trader agrees to sell the stock in
90 days but fail to complete the total sale and declare the following result. 300
Tons were sold at Rs.50,000, 250 Mt were sold at Rs.48,500 per Mt and 450 Mt
at Rs.47,980 Mt. Prepare the worksheet and give the following information in
support of your working”

9 Trade International imported 2500 Metric Tons of White Sugar through

Muslim Bank at 30% Arboon Participation on International Trade Price of
Rs.40,000. The bank enter into Morabaha agreement on the Cost Plus basis by
deducting Cost of Product uncured as Transport 1%, Insurance 2%, Warehousing
3%, Macadam 1%, Selling Expenses 4%. Qasim Trader agrees to sell the stock in
60 days but fail to complete the total sale and declare the following result. 300
Tons were sold at Rs.52,000, 250 Mt were sold at Rs.51,800 per Mt and 450 Mt
at Rs.50,980 Mt. Prepare the worksheet.

10 Mr. Saleem invested with Muslim Bank limited Rs.500,000 under Modaraba
mode. It is agreed between the two 10% cost and 40:60 profit sharing. At the maturity
Muslim Bank declare Gross Profit Rs.150,000.

11 AC Corporation request Bank Muslim to finance 20 Television at a price of

Rs.25,000 each and issued Arboon cheque of Rs.100,000. Bank Muslim purchase the
Television at a price of Rs.24,000 from manufacturer and sold to AC Corporation at a
price of Rs.25,800.

12 Mr. Ahmed issued LPO for 2,000 watches at a sale price of Rs.4000 each. The
bank made expenses Rs.400 per watch. Bank sold the watches to Mr. Ahmed at Rs.400
profit on each watch. LPO is enclosing with 10% Arboon amount.

13 Al-Itahad Leasing issued an Ijara Financing in favor of Mr. Hasan.

Price of Car Rs.800,000 for the period of 4 years with half yearly installments/rent. Mr.
Hasan Gross Monthly Income is estimated to Rs.65,000. He issued Arboon of
Rs.150,000 Affordability 25% . Al-Itahad declare cost and expense of Insurance 2.5%,
Registration Rs.10,000.