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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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The owner of the capital stipulated that the loss be shared between him and the worker, and the worker agreed to this; is the contract valid?

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Question:
Honorable Shaykh, may Allah grant you success. The questioner says: If the owner of the capital stipulated that the loss be shared between him and the worker, and the worker agreed to this condition, is this contract valid?

Answer:
No, yes, it is valid. The loss is on the capital. The loss is on the capital, and the profit is between them according to what they stipulated. Yes.
Source قناة «العلامة الدكتور صالح الفوزان»، [2729 -3022] اشترط صاحب المال أن تكون الخسارة بينه وبين العامل وقد رضي العامل بهذا فهل العقد صحيح؟ — youtube.com

The Arabic text is a machine transcription of the audio recording.

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