Distribution of Profit and Loss Between Partners
Machine translationRead the Arabic original
The questioner:
He says: Honorable Shaykh, may Allah grant you success, is it permissible for two partners to agree that the profit is divided between them in a ratio, for example one-third, and that the loss is distributed in the same ratio, even if the ratios of their capital differ?
The Shaykh:
Yes.
The questioner:
Is it permissible to follow?
The Shaykh:
With respect to the capital, the loss is not upon the partners; the loss is upon the capital. They share in the profit, but the loss is upon the capital.
The presenter:
He says: Honorable Shaykh, may Allah grant you success, regarding the one who buys diamonds.
The Shaykh:
Each one bears a share of the loss according to his share of the capital, yes.
He says: Honorable Shaykh, may Allah grant you success, is it permissible for two partners to agree that the profit is divided between them in a ratio, for example one-third, and that the loss is distributed in the same ratio, even if the ratios of their capital differ?
The Shaykh:
Yes.
The questioner:
Is it permissible to follow?
The Shaykh:
With respect to the capital, the loss is not upon the partners; the loss is upon the capital. They share in the profit, but the loss is upon the capital.
The presenter:
He says: Honorable Shaykh, may Allah grant you success, regarding the one who buys diamonds.
The Shaykh:
Each one bears a share of the loss according to his share of the capital, yes.
Source
شرح زاد المستقنع [57] — alfawzan.live (1:26:50)
The Arabic text is a machine transcription of the audio recording.