Muwatta Malik: Book 32, Hadith 13 Yahya said that Malik spoke about an investor who gave qirad money to a man, and then the man sought a loan from the investor or the investor borrowed money from the agent, or the investor left goods with the agent to sell for him, or the investor gave […]
Muwatta Malik is one of the earliest and most respected collections of hadith and Islamic jurisprudence, compiled by Imam Malik ibn Anas. It combines the sayings and actions of the Prophet Muhammad (PBUH) with the practices of the people of Madinah, serving as a foundational text for Maliki fiqh and Islamic legal tradition.
Book 32, Qirad, discusses the partnership contract in business investments.
Muwatta Malik: Book 32, Hadith 14 Yahya said that Malik spoke about a man who loaned another man money and then the debtor asked him to leave it with him as a qirad. Malik said, “I do not like that unless he takes his money back from him, and then pays it to him as […]
Muwatta Malik: Book 32, Hadith 15 Yahya said that Malik spoke about an investor paying qirad money to an agent who made a profit and then wanted to take his share of the profit and the investor was away. He said, “He should not take any of it unless the investor is present. If he […]
Muwatta Malik: Book 32, Hadith 16 Yahya said that Malik spoke about an investor who put qirad money with an agent who bought goods with it, and the investor told him to sell them. The agent said that he did not see any way to sell at that time and they quarrelled about it. He […]