Back to search
The question

What is the ruling on agreeing with a relative to invest a sum of money, on condition that the amount be returned upon request and two months prior to the time of the request, with the profits being added to the principal without the owner of the money knowing the details of the work, and when the principal is requested, he states that he has stopped working and that the goods are stalled, and he demands that the owner of the money bear the loss?

Share this answer

Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

If the mudarib (managing partner) refuses to sell goods that would yield a profit for both himself and the rabb al-mal (capital provider), the matter is referred to the ruler, who may compel him to sell if he deems it beneficial, although there is a difference of opinion among scholars regarding this compulsion. If the matter is not referred to the judge, the mudarib is not liable unless he has been negligent or has exceeded his authority, because his possession is that of a trustee. In the absence of proof of his negligence or transgression, the rabb al-mal bears the loss of his capital, and the mudarib loses his effort.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
173565
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