Should the money be returned to the person who paid a portion of the partnership amount in a different currency and then refused to complete it, in Egyptian Pounds according to the agreement, or in the currency he paid?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The withdrawing partner, before the partnership commences, is to be repaid his capital in the currency to which it was converted, which is the pound, because it was converted with his permission. An agent is not liable unless there is transgression or negligence. It is a condition for the validity of a partnership that the capital be present.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/161293
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 161293
- 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.
- Read the full ruling
- Read the full answer on Ftawy