World Languages, 31.12.2020 17:50 mochoa4
Scenario:
ABC is planning to expand its operations and wants to install Plant and Machinery (PM) costing Rs. 75 million. Direct cost including accessories and installation is estimated at Rs. 5 million. Customer has decided to contribute Rs. 20 million and the remaining amount will be contributed by XYZ Islamic Bank (the bank).
PM was purchased on April 1, 2019. The installation process of PM would take 2 months. The tenure of Musharakah financing was agreed to be 5 years. Rentals will be paid biannually. Bank’s share will be divided into units and ABC will undertake to purchase the bank’s units biannually to become the sole owner of the asset.
Questions:
• Identify the nature of contract (as practiced in IBs) (02)
• Is there any difference between this contract and permanent Musharakah? Explain. (02)
• Devise the Process flow for the transaction. (04)
• At what time rentals will be started? (02)
Answers: 3
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Kto ponosi odpowiedzialność za smierć janka muzykanta?
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When providing contact information on a resume, be sure to include your name, address, phone number, and special awards your name, email address, special awards and fax number your name, address, email address, and phone number your name, phone number, fax number, and times that are best to call
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Scenario:
ABC is planning to expand its operations and wants to install Plant and Machinery (PM) co...
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