Not yet answered Marked out of 2.00 P Flag question On January 2019, Mohammed makes...
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Not yet answered Marked out of 2.00 P Flag question On January 2019, Mohammed makes an "Ijarah Muntahia Bittamleek" contract with AL Izz Islamic Bank (IIB) for 6 years. IIB purchases ten (10) cars. Cost of each car is 9,200 OMR and maintenance expenses for each car is 100 OMR per year. Mohammed pay 1000 OMR from the mount of each car and pay RO 80 rental per car for each month. At the end of contract, IIB agrees to sales the cars as at 2200 for each . Calculate profit/loss for this contract. Select one: a. profit 57600 Ob. The correct answer not available. Select one: O a. profit 57600 O b. The correct answer not available. O c. loss 8400 O d. profit 79600 o e. loss 2400
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