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The question

To what extent is it lawful to bear full responsibility for the loss of an investment in which the profits were supposed to be shared, without informing the original partner, knowing that the intention was to guarantee the money?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

This transaction is a contract. Guaranteeing the capital is not permissible in it, and the intention of guarantee does not affect the validity of the contract unless it is explicitly stated in the contract. The sister is not allowed to demand her full capital back in case of loss; rather, she takes what remains. Specifying a duration for Mudarabah is a matter of scholarly disagreement. The Hanafis and Hanbalis permit setting a time limit for Mudarabah, while the more preponderant view is that setting a time limit is not permissible, which is the of the Malikis and Shafi'is.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
59644
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy