Back to search
The question

What is the legitimate method for calculating the Mudarabah amount in US dollars, in the event that it is not paid after the agreed-upon period expires, given that the local currency is losing its value?

Share this answer

Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

is among the permissible contracts, and it may be terminated by the unilateral will of either party, whether before or after the transaction takes place. After the contract is terminated, the Mudarib must return the money to its owner: with its profit if it was profitable, or the principal capital if it was safe from loss. The currency to be considered is that which was agreed upon in the contract. If the Mudarib delays the return without a valid excuse, he may be taken to court to compel him to fulfill the right. However, it is not permissible to demand an increase due to procrastination, unless the compensation is equivalent to the litigation expenses.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
179446
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy