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The question

Is it considered an injustice to reinvest a partner's money in another property to reduce the expected profits, in avoidance of potential tax problems, despite the original intention of the partnership being for a different property?

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

It is not permissible to stipulate that one of the partners will not incur a loss or to guarantee their capital. Rather, the loss is proportionate to each partner's capital; otherwise, the partnership becomes invalid. A partner is liable for any damage or loss to their partner's capital if it was due to their transgression or negligence. It is not permissible to expel a partner without their knowledge or to sell the apartment to a third party. Furthermore, an agent is not permitted to sell the entrusted item to themselves without the permission of their principal. Transactions between partners must be based on honesty and and truthfulness.

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
17122
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