1 Bank Islami enter into Ijarah financing through syndicate financing and received contribution

of Rs.5 Million for NBP, Rs.1 Million from MCB, Rs.2 Million from HBL, Rs.3 Million from FIB and self Investment Rs.4 million. Gull Fabric agree to invest 20% of total syndicate contribution and agree the Repayment period of 48 months at 30% of Gross Monthly Turnover of Rs.1. million The equipment was purchase by paying 2.5% Tax and 4% insurance equal to 1% per year Workout the transaction and reply the below given questions in support of your working 1 What is the Syndicate Amount 2 What are the Ratio of Investment of each investor 3 What is the Cost Price of the Equipment 4 What is the Affordibility Amount against Gross Monthly Turnover 5 What is the financing amount against total cost of the equipment 6 What is Ratio of Investment between Financier and Sarif 7 What is the total amount paid by the Sarif for the equipment 8 What is the saving and investment percentage 9 What is each investor share in profit percentage 10 What is repayment amount
Investors 1 NBP 2 MCB 3 HBL 4 FIB 5 Bank Islami Principle Investment Total Installment Market Price Tax Insurance Cost of Equipment 1.0 2.0 20.0 36 30.12 Amount 6.67 13.33 20.00 26.67 33.33 100 36 500,000 5,000 10,000 515,000 100,000 Financing % 415,000 11,527.78 Profit PA 3,472.22 15,000.0 515,000.0 125,000.0 640,000.0 50,000.0 30.00 15,000.0 23.06 6.94 30.00 15.06 80.58 100,000 200,000 300,000 400,000 500,000 1,500,000 Earned 8,333 16,667 25,000 33,333 41,667 125,000 % 8.33 8.33 8.33 8.33 8.33

Less Equity (In %)

Ijara Financing Amount Installament for Ownership Rentals in % of Installment Total Monthly Payment Cost of the Eqipment Total Rentals Total payment Gross Monthly Income Recovery Level Saving Expenses Total Burden on Income

eceived contribution Rs.3 Million from FIB syndicate contribution and over of Rs.1. million to 1% per year f your working

Share 0.56 1.11 1.67 2.22 2.78 8.33

Muslim Bank Finance Mr. Ahad Rs.2 million, Mr. Hasan 10 million, Mr. Muhammad Rs.10 million and Mr. Siddiqui Rs.5 million For their transaction under 10% Management Fee and Profit Sharing at 40:60, 50:50, 60:40 and 30:70 respectively. After Maturity the sales proceeds reported as Rs.2.5 million, Rs.12 million, Rs.15 million and Rs.4.5 million respectively. Make the necessary entries to workout the profit and loss sharing and give the following answers. What is Bank Muslim Profit What is the loss reported by Mr. Siddiqui What is the Profit % of Bank Muslim What is the total earning of each Modarib Write step by step process of this transaction each Bank Muslim Investment Bank Muslim Profit Investment Amount Muslim Bank Mr. Ahad Investment 1 Muslim Bank Mr. Hasan Investment 2 Muslim Bank Mr.Muhammad Investment 3 Muslim Bank Mr. Siddiqui Sales Proceed Reported at Maturity Mr. Ahad Mr. Hasan Mr.Muhammad Mr. Siddiqui

1 2

1 2 3 4

Mr. Ayub Finance Mr. Ahad Rs.1 million, Mr. Hasan 5 million, Mr. Muhammad Rs.6 million and Mr. Siddiqui Rs.15 million For their transaction under 10% Management Fee and Profit Sharing at 60:40, 30:70, 45:55 and 20:80 respectively. After Maturity the sales proceeds reported as Rs.1.5 million, Rs.9 million, Rs.9 million and Rs.12.8 million respectively. Make the necessary entries to workout the profit and loss sharing and give the following answers. What is Mr. Ahad Profit What is the loss reported by Mr. Siddiqui What is the Profit % of Mr. Ahad What is the total earning of each Modarib Write step by step process of this transaction each Mr. Ayub Investment Mr. Ayub Profit Mr. Ayub Investment Muslim Bank Mr. Ahad Investment 1 Mr. Ayub Investment Mr. Hasan Investment 2 Mr. Ayub Investment Mr.Muhammad Investment 3 Mr. Ayub Investment Mr. Siddiqui Sales Proceed Reported at Maturity Mr. Ahad Mr. Hasan Mr.Muhammad Mr. Siddiqui -

1 2

60 40 30 70 45 55 20 80 10 10 10 10

1 2 3 4

Mutamid Modarab enter into Modaraba Financing with Mr. Saleem for Rs.100 million at

60:40 without management fee. Mr. Saleem enter into three financing transaction with Mr. Hasan Rs.20 million at 10% Management Fee, 60:40 profit sharing. MrSultan Rs.25 million at 45:55 profit sharing and 10 % Management fee Mr. Qasim Rs.55 million at 30:70 profit sharing and 10% Management fee On muturity the sales proceeds declared by the three Modarib were Rs.35 million, Rs.36 million and Rs.50 million respectively. Workout profit and loss sharing and answer below given answers. What is Mutamid Modaraba Profit Amount & % What is the loss Amount and % reported by Mr. Qasim What is the total profit amout and % reported in the transaction by three Modarib What is the total earning of each Modarib Write step by step process of this transaction each Investment amount Mutamid Modarab Mr Saleem Modarib Investment Mr. Hasan Mr.Saleem Investment Mr. Sultan Mr.Saleem Investment Mr.Qasim Mr.Saleem Mr. Hasan Mr. Sultan Mr.Qasim 60 40 20 80 10 10 10 -

1 2

60 40 45 55

1 2 3

ddiqui Rs.5 million tively. After vely. Make

Rs.15 million tively. After vely. Make

Bank Islami enter into the import and sale of 5000 Mobile phone at a value of Rs.5000 each with add cost of Per Piece Rs.100 for freight, Insurance Rs.250, Strorage 400, Tax Rs.200 and Selling Expenses Rs.350. Morahib added Rs.400 per peace as ARBOON Bank Muslim issue Sukuk @ Rs.1000 each and Mr.Khalid broght 7500, Mr.Muhammad 8000, Mr. A Mr.Hasan 4000, Mr,Khan 2500 giving the total financing amount of Rs.31.5Million. Morahib sold 4000 sets at Rs.8000 and 1000 set at Rs.7500. The Net profit was shared at the ratio of 35:65 which Bank Muslim converted into per Sukuk profit and distributed the profit to the investors. What is the each Sukuk profit? What is the profit earned by each investor? What is the average Sale price of each Mobile phone? What is the total pruchase price? What is the Total Cost over to the price of the Mobile? What is ROI over to the total pruchase amount? Sukuk Price 1,000.0 Total Sukuk Sukuk Subscription 31,000,000.0 31,000.0 2,600,000.0 Mr. Khalid 7,500,000.0 7,500.0 629,032.3 Mr. Muhammad 8,000,000.0 8,000.0 670,967.7 Mr. Ahad 9,000,000.0 9,000.0 754,838.7 Mr.Hasan 4,000,000.0 4,000.0 335,483.9 Mr. Khan 2,500,000.0 2,500.0 209,677.4 Profit /Loss on Sukuk 2,600,000 83.87 2,600,000 Second Form LPO Amount Freight Insurance Storage Tax Selling Expenses Bank financing Add Arboon Bank Financing Total Purchase Price Sale Price Sale Price Total Sale Price Less Less Financing Gross Profit Arboon Less Net Profit Morahib Bank Quantity 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 4,000 1,000 5,000 5,000 5,000 5,000 5,000 65 35 Per Piece Total Amount 5,000 25,000,000 100 500,000 250 1,250,000 400 2,000,000 200 1,000,000 350 1,750,000 6,300 31,500,000 400 2,000,000 6,300 33,500,000 6,700 33,500,000 8,000 32,000,000 7,500 7,500,000 7,900 39,500,000 6,300 33,500,000 1,200 6,000,000 400 (2,000,000) 800 4,000,000 2,600,000 1,400,000

ROI

11.94

Bank Islami enter into the import and sale of 5000 Watches at a value of Rs.5000 each with addition cost of Per Piece Rs.100 for freight, Insurance Rs.200, Strorage 150, Tax Rs.50 and Selling Expenses Rs.250. Morahib added Rs.400 per peace as ARBOON Bank Muslim issue Sukuk @ Rs.1000 each and Mr.Khalid broght 24000, Mr.Muhammad 65000, Mr Mr.Hasan 96000, Mr,Khan 27500 giving the total financing amount of Rs.28.750 Million. Morahib sold 4000 sets at Rs.9,000 and 1000 set at Rs.8,800. The Net profit was shared at the ratio of 50:50 which Bank Muslim converted into per Sukuk profit and distributed the profit to the investors. What is the each Sukuk profit? What is the profit earned by each investor? What is the average Sale price of each Mobile phone? What is the total pruchase price? What is the Total Cost over to the price of the Mobile? What is ROI over to the total pruchase amount? Sukuk Price 100.0 Total Sukuk Sukuk Subscription #DIV/0! Mr. Khalid #DIV/0! Mr. Muhammad #DIV/0! Mr. Ahad #DIV/0! Mr.Hasan #DIV/0! Mr. Khan #DIV/0! Profit /Loss on Sukuk #DIV/0! #DIV/0! Second Form LPO Amount Freight Insurance Storage Tax Selling Expenses Bank Financing Arboon Total Purchase Price Sale Price Sale Price Total Sale Price Less Financing Gross Profit Arboon Quantity Per Piece Total Amount #DIV/0! #DIV/0! -

Net Profit Morahib Bank ROI

#DIV/0!

#DIV/0!

e of Rs.5000 each with additional s.200 and Selling

r.Muhammad 8000, Mr. Ahad9000

it was shared nd distributed

ROI 8.39 8.39 8.39 8.39 8.39 8.39

Rs.5000 each with additional s.50 and Selling

Mr.Muhammad 65000, Mr. Ahad75000 .28.750 Million. ofit was shared nd distributed

ROI ### ### ### ### ### ###

Cittravel net worth is Rs.10 million divided into share price 100 each. Against its 20,000 shares obtain financing from Bank Islam and disburse profit in 4 years Rs.250,000, Rs.300,000, (Rs.350,000), Rs.410,000. After payment of profit Citi Travel buy back the total shares at the prevailing share price. Give the following information: What are the total shares of Cititravel How much share are sold to Bank Islam Waht is the each year share profit Waht is the total profit earn by the Bank Islam.

Musharka
Data: Networth Sponsors Financier 1st Year Profit 2nd Year Profit 3rd Year Profit 4th Year Loss Calculation 1st Year Description Networth Sponsors Financier Networth after Finance 10,000,000 price per share 2,000,000 250,000.0 300,000.0 (350,000.0) 410,000.0

Value
10,000,000 2,000,000 8,000,000 250,000.00

Price Per Share

100.00000 100.00000 100.00000 2.50000 102.50000

No: Of 100000
100,000 20,000 80,000

1st year
Profit Share Value Calculation For 2nd Year

2nd year
Description Networth Working Capital Finance Profit Share Value

Value
8,000,000 2,000,000 300,000.00

Price Per Share

100.00000 100.00000 3.00000 103.00000

No: Of Shares 100000

80,000 20,000 80,000

3rd year

Description Networth Working Capital Finance Profit Share Value

Value
8,000,000 2,000,000 (350,000.00)

Price Per Share No: Of Shares

100.00000 100.00000 -3.50000 96.50000 100000 80,000.00 20,000.00 20,000 80,000

4 th Year
Networth Working Capital Finance Profit Share Value

Value
8,000,000 2,000,000 410,000

Price Per Share No: Of Shares

100.00000 100.00000 5.12500 101.62500 80,000.00 20,000.00 20,000 80,000

Iqra Corp. applied Working Capital financing of Rs.20 million from Massaraf Al Pakistan and declared its net worth of Rs.100 million divided into Unit at a value of Rs.100 each. During the facility period the following results were reported by the company. 1st Year Profit Rs.500,000, 2nd Year Profit Rs.600,000, 3rd Year loss Rs.700,000 and 4th Year Profit Rs.900,000. After receiving the 4th Year Profit Iqra Corp. purchase the total units from Massraf Al Pakistan at the prrevailing rate of the year of purchase. Networth of Sponsors Financier Sponsors 1st Year Profit/loss 2nd Year Profit/loss 3rd Year Profit/loss 4th Year Profit/Loss Description 1st Year Profit/loss Financier Networth after Finance Profit 2nd Year Profit/loss 100,000,000 20,000,000 1,000,000 200,000 800,000 500,000.0 600,000.0 (700,000.0) 900,000.0 Share Profit 100.00 100.50000 100.50000 0.500 100.00 100.00

Share Holding 1,000,000 200,000 800,000 500,000.0 1,000,000

Profit 100.500 20,100,000 80,400,000

100.600

Financier Networth after Finance Profit 3rd Year Profit/loss Financier Networth after Finance Profit 4th Year Profit/loss Financier Networth after Finance Profit Buy Back Share Principle Premium Profit Net Earning

200,000 800,000 600,000.0 1,000,000 200,000 800,000 (700,000.0) 1,000,000 200,000 800,000 900,000.0
200,000

100.60000 100.60000 0.600 100.00 99.30000 99.30000 (0.700) 99.30 100.20000 100.20000 0.900
100.200

20,120,000 80,480,000

99.300
19,860,000 79,440,000

100.200
20,040,000 80,160,000

20,040,000 20,000,000 40,000

100.0000

Financier Profit

2,050,000 8,200,000 10,250,000

50,000 200,000

Financier Profit
2,060,000 8,240,000 10,300,000

60,000 240,000

Financier Profit

1,930,000 7,720,000 9,650,000

(70,000) (280,000)

Financier Profit
2,032,500 8,130,000 10,162,500 32,500 130,000

af Al a value ted by ear loss rofit Iqra rate of