Numerical. of Islamic Products

yousuf:
Trim Sheet for Ijarah Financing

Machine price Rs.5 million
Arboon 25%
Period 36 month
Gross Monthly Income Rs.400,000
Affordability at 30%
Tax 2%
Insurance 1% per year
1. What is the cost price of the equipment?
2. What is the financing amount?
3. What is the rental amount?
4. What is the total rental?
5. What is the Expense and Saving percentage
IJARA Financing
Total Installment
Market Price
Yearly Insurance (In %)
Income Tax.
Cost of Vehicle
Less Equity (Arboon)
Ijara Financing Amount
Installament for Ownership
Rentals in % of Installment
Repayment Monthly
Total payment
Financing Amount
Total Rentals Paid
Equipment Financing
48
1.0
2.0
25.0
48
47.69
48
5,000,000
50,000
100,000
5,150,000
1,250,000
3,900,000
81,250.0
38,750.0
120,000.0
5,760,000.0
3,900,000.0
1,860,000.0
Arboon
Total Ijarah Adjustment
Gross Monthly Income
Recovery Level
Saving
Expenses
Total Burden on Income
30
1,250,000.0
7,010,000
400,000
120,000
20.31
9.69
30.00
ent?
centage
Financing
Market Price + Cost

Market Price X Equity Rate /100
Cost of Equipment - Equity
Cost of Equipment / Period
Affordibility Amount - Insatallment Amount
Monthly Installment + Monthly Rentals
Market Price+Cost+Rental
GMI x AR /100
MI x 100/ GMI
MR x 100/ GMI
Assignment Modaraba
Syendicate
Modaraba
Amount of Investment
1 Brooks Group
2 Allaied Group
3 Untied Group
4 Scan Croup
5 Services & Sale Group
6 Sitara Group
7 Faisal Group
8 Karachi Company
Total
Investment Amount
12
15
10
11
12
10
10
20
100
Principal investment
Less Sales & Services
Gross Profit
Less Management Fee
Modarib Profit
Return on Investment
10
30
10,000,000
1,200,000
1,500,000
1,000,000
1,100,000
1,200,000
1,000,000
1,000,000
2,000,000
10,000,000
10,000,000
13,000,000
3,000,000
300,000
1,890,000
Profit
Earned
226,800
283,500
189,000
207,900
226,800
189,000
189,000
378,000
1,890,000
Profit
Capital
Share
19
19
19
19
19
19
19
19
2,700,000
810,000
19
2.27
2.84
1.89
2.08
2.27
1.89
1.89
3.78
19
Simple Modaraba
Less
Amount of Investment
Sales & Services
Gross Profit
Management Fee
Net Profit
Modarib
Rabal Maal
10
30
70
400,000
400,000
520,000
120,000
12,000
108,000
32,400 Gross Profit
75,600
63
32,400
12,000
Modarib Earning
Modarib Management Fee
44,400
27
10
37
Multiple Modaraba
Hasan
1 Ahmed
Hasan
2 Muhammad
40
60
500,000.0
34,800.0
52,200.0
250,000.0
87,000.0
50,000.0
Muhammad
Ahmed
3 Khan
Khan
Ahmed
4 Muhammad
5 Khan
40
60
40
60
10
10
18,000.0
27,000.0
250,000.0
40,000.0
60,000.0
300,000.0
350,000.0
45,000.0
100,000.0
90,000.0
5,000.0
10,000.0
Multiple Modaraba Loss

Hasan
Ahmed
Hasan
40
60
1 Muhammad
Muhammad
Ahmed
2 Khan
Khan
Ahmed
3 Ali
40
60
40
60
500,000.0
49,600.0
74,400.0
200,000.0
36,000.0
54,000.0
200,000.0
60,000.0
90,000.0
100,000.0
144,000.0
(20,000.0)
124,000.0
100,000.0
90,000.0
150,000.0
135,000.0
Ali
Ahmed
SALES PROCEEDS
Muhammad
Khan
Ali
40
60
10
10
10
(20,000.0)
300,000.0
350,000.0
80,000.0
10,000.0
15,000.0
(20,000.0)
yousuf:
Bank Islamic finance under Modaraba Mode

Mr. Hasan Rs.100,000 at Management Fee 10% Profit 30:70
Mr. Ahmed Rs250,000 at Management Fee 10% Profit 35:65
Mr.Aziz Rs.400,000 Management Fee 10% Profit 40:60
Mr. Ali Rs.500,000 management Fee 10% Profit 50:50
Upon Maturity the sales proceeds reported Rs.150,000, Rs.200,000, Rs.550,000 and Rs.750,000. After collecting the
profitability Bank Muslim share with its Rab-al-Maal at profit sharing 50:50. Give following details:
1. What is the total investment amount?
2. What is the profit share of Bank Muslim and each Modarib?
3. What is the Net Profit sharing between Bank Muslim and Rab-al-Maal?
4. What is the total earning of each Modarib
5. What is the profit percentage of Rab-al-Maal?
Multiple Modaraba
Principle Investment
Bank
Rab-al-Maal
Hasan
1 Hasan
12,500,000.00
50
92,000.0
92,000.0
234,000.0
(50,000.0)
184,000.0
30
100,000.0
13,500.0
50,000.0
45,000.0
50
326,000.0
0.74
18,500.0
Bank
2 Ahmed
Ahmed
Bank
3 Aziz
Aziz
Bank
4 Ali
Ali
Bank
Sale Proceeds
Hasan
Ahmed
Aziz
Ali
70
31,500.0
0
0
250,000.0
-
(50,000.0)
-
40
60
400,000.0
60,000.0
90,000.0
150,000.0
135,000.0
75,000.0
50
50
500,000.0
112,500.0
112,500.0
250,000.0
225,000.0
137,500.0
10
10
10
10
150,000.0
200,000.0
550,000.0
750,000.0
5,000.0
15,000.0
25,000.0
Morabaha
First Form
Quantity Price
LPO Amount
Bank Purchase
Margin
Bank Financing
Bank Sale
Less Arboon
Bank Profit
Total Price
20
20
20
20
20
25,000
24,000
5,000
19,000
25,800
500,000
480,000
100,000
380,000
516,000
20
20
5,000
1,800
100,000
36,000
Morabaha Cost Plus
20,000 tons of sugar imported under LPO issued by General

Trader at Arboon value of 20% having purchase price of Rs.35,000
PMT. Cost includes Duty 1%, Transport 1%, Warehousing 1%,
Selling Expense 5% and Macadam Fee 1%. 20,000 MT sugar sold
at 10% Profit and shared between Morahib and RM at 45:55. The
Cost Price is contributed by number of Rab-al-Maal and were
given Share of Profit according to Ratio of Investment
LPO
Product Sugar
Add Custom Duty %
Tranport %
Warehousing %
Selling %
Muccadum Fee %
Total Cost of Sugar
Arboon in %
Bank Financing
QUANTITY
20,000
1.0
1.0
1.0
5.0
1.0
20.00
81.65
PRICE
35,000
350
350
350
1,750
350
38,150
(7,000)
31,150
AMOUNT
700,000,000
7,000,000
7,000,000
7,000,000
35,000,000
7,000,000
763,000,000
(140,000,000)
623,000,000
Less
Less
Less
Sale of Sugar %
Gross Profit %
Arboon
Net Profit %
Morahib %
Rab-al-Maal
Rab-al-Maal
Capital
1 Brooks Group
2 Allaied Group
3 Untied Group
4 Scan Croup
5 Service Group
6 Sitara Group
7 Faisal Group
8 Karachi Company
Total
LPO Amount
Freight
Insurance
Storage
Tax
Total purchase price
Add Bank Profit
Sale Price
5.00
23.3
5.0
45.0
55.0
12
15
10
11
12
10
10
20
100
100
100
100
100
100
100
100
100
40,058
8,908
(7,000)
1,908
858
1,049
801,150,000
178,150,000
(140,000,000)
38,150,000
17,167,500
20,982,500
623,000,000
74,760,000
93,450,000
62,300,000
68,530,000
74,760,000
62,300,000
62,300,000
124,600,000
623,000,000
Profit
20,982,500
2,517,900
3,147,375
2,098,250
2,308,075
2,517,900
2,098,250
2,098,250
4,196,500
20,982,500
10,000
200
100
50
120
10,470
500
10,970
1,000,000
20,000
10,000
5,000
12,000
1,047,000
50,000
1,097,000
ral
Rs.35,000
1%,
gar sold
55. The
were
3.37
Capital
Share
0.40
0.51
0.34
0.37
0.40
0.34
0.34
0.67
3.37
Musharka
Net Worth of Musharik
Financing
100,000,000
30,000,000
Present NW
1st Year Profit
2nd Year Profit
3rd Year Profit
4th Year Loss
70,000,000
5th Year profit

1st Year
Networth Sponsors
Financier
Profit
Value
70,000,000
30,000,000
(15,000,000.00)
Share Value
(15,000,000.0)
(10,000,000.0)
21,000,000.0
26,000,000.0
30,000,000.0
Per Share Price
Share
100.00000
100.00000
-15.00000
700,000
No: Of
Share
700,000
300,000
85.00000
2nd Year
Networth
Working Capital Finance
Profit
No of Shares
1,000,000
300,000
Value
70,000,000
30,000,000
(10,000,000.00)
Share Value
Price Per
No: Of Shares
100.00000
700,000
100.00000
300,000
-10.00000
75.00000
3 rd Year
Value
Price Per Share
No: Of Shares
Networth
70,000,000
100.00000 700,000.00
30,000,000
100.00000 300,000.00
Profit
21,000,000.00
21.00000
Share Value
96.00000
4 th Year
Value
Networth
Profit
Share Value
Price Per Share

No: Of Shares
70,000,000
100.00000 700,000.00
30,000,000
100.00000 300,000.00
26,000,000
26.00000
122.00000
5th Year
Price Per Share

No: Of Shares
70,000,000
100.00000 700,000.00
30,000,000
100.00000 300,000.00
Net worth
Value
Profit
30,000,000.0
56.00
156.00000
Sale of Shares
Profit 4th year
Profit 5th year
300,000.00
46,800,000.0
36,600,000.0
16,800,000.0
6,600,000.0
16,800,000.0
price per share

100.0000
Financier
Profit
(10,500,000.00)
(4,500,000.00)
Financier
(7,000,000)
(3,000,000)
Financier Profit
Financier Profit
85,400,000.00
36,600,000.00
Financier Profit
39,200,000.00
16,800,000.00
40,200,000.0
134
Sukuk
Sukuk Subscription
Sukuk Holders
1 Mr. Hasan
2 Mr. Ahmed
3 Mr.Muhammad
4 Mr. Siddiqui
5 Mr.Kashif
6 Banki Islami
7 Financial Group
8
Total
Value of
Sukuk
100,000
Total Amount
of subsciption
500,000,000
Invest
Ratio
Subscription
Price
500,000,000
5,000
Sukuk
Holdings
10
50,000,000
500
(29,452,500)
12
60,000,000
600
(35,343,000)
15
75,000,000
750
(44,178,750)
25
125,000,000
1,250
(73,631,250)
40,000,000
400
(23,562,000)
11
55,000,000
550
(32,397,750)
19
95,000,000
950
(55,959,750)
100
500,000,000
5,000
(294,525,000)
500,000,000
Less Sales & Services
32,500,000
(467,500,000)
Gross Profit
Less Management Fee
10
Modarib Profit
30
Net Profit
Profit on each Sukuk
1 No of Sukik
2 Sukuk Price at Maturity
3 Gross Profit
No of
Sukuk
(46,750,000)
(126,225,000)
(294,525,000)
(58,905.00)
1250
21,250
7,500,000
(420,750,000)
519,750
-58.91
5,000.00
Sukuk
Profit
ROI
(58.91)
(58.91)
(58.91)
(58.91)
(58.91)
(58.91)
(58.91)

Numerical. of Islamic Products

Uploaded by

Copyright:

Available Formats

Numerical. of Islamic Products

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Numerical. of Islamic Products

Uploaded by

Copyright:

Available Formats

yousuf:

Trim Sheet for Ijarah Financing

Market Price + Cost

Multiple Modaraba Loss

Bank Islamic finance under Modaraba Mode

Morabaha Cost Plus

20,000 tons of sugar imported under LPO issued by General

5th Year profit

Price Per Share

Price Per Share

price per share

Less Sales & Services

You might also like

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.