Does the managing partner bear the full repayment of the loan and losses, or is it equally shared between the two partners, based on the company's founding agreement, knowing that his salary exceeds 40% of the company's losses?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Losses in a company are distributed among the partners in proportion to each partner's share in its capital, as stipulated by the Islamic Fiqh Academy. Therefore, the managing partner does not bear the loss alone, nor does his receiving a salary from the company alter this ruling. In the event of a dispute among partners, the judiciary or arbitrators shall resolve it.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/175780
Where this answer came from
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- Ftawy
- Original fatwa ID
- 175780
- 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