Purchase price per unit pkr 1000000 1 st installment

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Purchase Price Per Unit PKR 1,000,000 1 st Installment (After 3 months of Purchase) Bank’s Share in Monthly Rent (80%) PKR 40,000 Rent for three months PKR 120,000 Unit Purchase PKR 1,000,000 Installment TOT PKR 1,120,000 2 nd Installment Bank’s Share in Rent (70%) x 3 Months PKR 105,000 Unit Purchase PKR 1,000,000 Installment TOT PKR 1,105,000
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Diminishing Musharakah 6 Cost of Vehicle PKR 6,000,000 Useful Life 4 Years (48 months) Maturity 4 years (48 months) Bank’s Share 80% PKR 4,800,000 Client’s Share 20% PKR 1,200,000 Total Units of Shareholding 60 (Bank = 48, Client = 12) Per Unit Price PKR 100,000 Rental Income of Vehicle PKR 50,000 per month Unit Redemption Frequency Quarterly Units Redeemed Per Quarter Three (3) Income Distribution Quarterly Bank’s Income Share PKR 50,000 x 80% = 40,000 per month Client’s Income Share PKR 50,000 x 20% = 10,000 per month 1 st Quarterly Redemption Amount (PKR 40,000 x 3) + (PKR 100,000 x 3) 1 st Quarterly Redemption Amount PKR 120,000 + PKR 300,000 = PKR 420,000 2 nd Quarterly Redemption Amount ?
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Diminishing Musharakah A wants to start a business but lacks capital. B agrees to contribute 60% in Musharakah. A contributes 40%. A & B share profits in pre-agreed ratio. B’s share is divided into 6 units. A keeps on purchasing B’s units gradually. 6 units…….2 years????? how would i divide 2 years over 6 units ???? 24/6 = 4 months per unit ….. what is this? monthly? quarterly semi - annually?
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  • Fall '11
  • GARYMILLER
  • Finance, Anthony LaPaglia, Musharakah, PKR

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