group of friends in Bahrain wants to launch a company. They all work together to contribute 60% of the required capital and can run and manage the business. They request funding through Islamic finance in order to contribute the significant remaining 40% of the capital that worth 150,000 BD without engaging in management.

1. Determining the appropriate Islamic financial contract

2. Appling the Islamic Sharia principles examine the profit sharing for this case.

3. In case of a 100,000 loss calculate the IF impairment loss

4. examine three different situations to terminate the contract.