The loss in a profit-sharing partnership is borne by the capital owner from his capital
Machine translationRead the Arabic original
Question:
He says: Honorable Shaykh, may Allah grant you success. I gave my brother some money, then I told him to work with it. The profit is split between us equally, and the loss is on me; because I love him, since he is my brother and I love him. Is that permissible for me? Is there any problem if I did not stipulate that the loss would be on the capital? If the capital is lost, if the capital is destroyed, and he does not guarantee it to you.
Answer:
For you. Yes.
He says: Honorable Shaykh, may Allah grant you success. I gave my brother some money, then I told him to work with it. The profit is split between us equally, and the loss is on me; because I love him, since he is my brother and I love him. Is that permissible for me? Is there any problem if I did not stipulate that the loss would be on the capital? If the capital is lost, if the capital is destroyed, and he does not guarantee it to you.
Answer:
For you. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [1370 -2802] الخسارة في المضاربة يتحملها رب المال من رأس ماله - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.