Am I personally or partially obligated to repay the commercial debt incurred by my bankrupt company, and how do I estimate the share of my imprisoned partner from this debt, knowing that his large financial withdrawals were the main reason for the company's escalating debts, and that demanding payment from him or his family has become impossible?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The liability of two partners in a contract-based company is unified. Any creditor has the right to demand payment from either of them, and then the one who paid the debt can seek reimbursement from his partner. The creditor must grant the insolvent person respite until he becomes solvent.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/148196
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 148196
- 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