كتاب 32
32
Book 32
(32)
Chapter 32
(32)
باب 32
Muwatta Malik 1457
Yahya said that Malik spoke about a man who made a qirad loan to
a man and he bought wares with it and transported them to a commercial
centre. It was not profitable to sell them and the agent feared a loss
if he sold them, so he hired transport to take them to another city,
and he sold them there and made a loss, and the cost of the hire was
greater than the principal.
Malik said, "If the agent can pay
the cost of the hire from what the capital realized, his way is that.
Whatever portion of the hire is not covered by the principal, the
agent must pay it. The investor is not answerable for any of it. That
is because the investor only ordered him to trade with the principal.
The investor is not answerable for other than the principal. Had the
investor been liable, it would have been an additional loss to him on
top of the principal which he invested. The agent cannot put that on
to the investor."
| Reference | : Muwatta Malik 1457 |
| In-book reference | : Book 32, Hadith 35635 |
| USC-MSA web (English) reference | : Book 7, Hadith 1457 |
| (deprecated numbering scheme) |
Report Error | | Copy ▼