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The question

Is it permissible for owners of wealth to exchange guarantees of capital among themselves with checks to release the Mudarib from guaranteeing the capital?

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

It is impermissible to stipulate a guarantee from the worker in a contract, because he is an entrusted party (amin) and is not liable except in cases of transgression (ta'addi) or negligence (tafrit). Stipulating a guarantee invalidates the Mudarabah. It is permissible for the capital provider (rabb al-mal) to take a check or a promissory note to document that he has provided funds, but he is not permitted to demand it back except in cases of transgression or negligence.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
17225
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.
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Read the full answer on Ftawy