What is the share of each partner in the profit if one of them provided only the capital while the other owns the shop with its furnishings?
The fundamental principle in partnerships is justice, and profit and loss are distributed according to the proportion of capital contributed by each partner, unless they agree to increase one partner's share in exchange for their greater or better work. In this case, the furniture and the shop are appraised at the time of the contract against the capital contributed by the second party, and both amounts become the company's capital. Then, they agree on a common share of the profit. The partnership is valid with gold and silver from both partners, or with one of them contributing gold or silver and the other contributing goods. The goods contributed as capital are valued at their worth on the day they were brought into the partnership.
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- Ftawy
- Original fatwa ID
- 55218
- Imported
- Translation status
- Source text, unreviewed
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