Which takes precedence when distributing profits: paying off the company's debts to shareholders or compensating for capital loss?

A joint-stock company is a limited partnership (sharikat inan), and its capital is divided into equal shares. It differs from a regular limited partnership in the partners' liability and the irrevocability of its dissolution. Profits are not finally distributed until the capital is recovered and debts are deducted. Profits may be distributed at agreed-upon intervals after evaluating the debts, or without deducting them. The ratio of loss must be commensurate with the ratio of capital contribution.