1. Entrepreneur (A) has entered into a mudharabah contract with Islamic Bank in which the entrepreneur provides monetary capital of $4,000,000 to be managed and invested by the Bank. 2. The Bank provides Mudharabah Al-Muqayadah investment account facility whereby the Bank will invest in a specific project as agreed by the client. For this project there is another investor, Entrepreneur B who had agreed to invest $2,000,000. 3. The profit sharing between three of them is 4:2:2 for Entrepreneur A, Entrepreneur B and the Bank respectively. 4. The Bank then entered into another mudharabah contract (Re-Mudharabah)_with Entrepreneur C to undertake a housing development project and they had agreed on the profit sharing ratio of 70:30 (Bank: Entrepreneur C). 5. The Bank had agreed to contribute the $6,000,000 as monetary capital based on a fiveyear mudharabah financing contract (mudharabah muqayaddah). Assume the following results of the venture: Year Profit / (Loss) Required: Determine the profit/loss of the above transactions. Show how profit/loss will be allocated for all parties involved based on: 1. Each Period method