What is the difference between a partnership of assets and a partnership of contracts?
Machine translationRead the Arabic original
Question:
May Allah reward you, Honorable Shaykh. This questioner says: What is the difference between a partnership of assets and a partnership of contracts?
Answer:
A partnership of assets refers to existing assets that are shared by a group of two or more people, either through inheritance, or through their own work, such as when they built and improved them. For example, factories are a partnership of assets; the factories that produce for the partners are a partnership of assets. As for contracts, they establish the partnership: a mudarabah partnership, a 'inan partnership, a partnership of faces, or a partnership of bodies. They establish it; originally, it does not exist, but they contracted it and created it. Yes.
May Allah reward you, Honorable Shaykh. This questioner says: What is the difference between a partnership of assets and a partnership of contracts?
Answer:
A partnership of assets refers to existing assets that are shared by a group of two or more people, either through inheritance, or through their own work, such as when they built and improved them. For example, factories are a partnership of assets; the factories that produce for the partners are a partnership of assets. As for contracts, they establish the partnership: a mudarabah partnership, a 'inan partnership, a partnership of faces, or a partnership of bodies. They establish it; originally, it does not exist, but they contracted it and created it. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [1784 -3022] ما الفرق بين شركة الأملاك وشركة العقود؟ - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.