Dear All
Profit distribution between the Mudarib and Rabul Mal:
ABC Bank is has collection fund on the base of Mudarbah from Customer. By the agree profit ration (70/30) 70 bank, 30 for customer
1- Amount of Mudarabah 2000000
2- Profit for Mudarabah amount 50000
Profit for bank : 50000*70/100=35000
Profit for Customer: 50000*30/100=15000
My question is there bank has deducted whole expense from the whole profit of Mudarabah (50000). Or they are deducting from its own profit (3500)? Please give me full detail information about this.
Thanks
Jamalibrahimy
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