Bank Sohar provides a financing facility based on murabahah to the Purchase Orderer principles to Ahmad for the purpose of house purchase. The financing is amounting to OR 20000 at a constant rate of...


Bank Sohar provides a financing facility based on murabahah to the Purchase Orderer principles to Ahmad for the purpose of house purchase.

The financing is amounting to OR 20000 at a constant rate of return 5% for a period of 5 years.
Calculate the annual installment payment.



Jun 10, 2022
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