Is the Rab al-Mal in a Mudarabah contract liable for debts incurred by the Mudarib that exceed the contributed capital without the Rab al-Mal's authorization?
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Radiif AI Legal Assistant
⚡ Quick Answer:
The Rab al-Mal in a Mudarabah contract is not liable for debts incurred by the Mudarib that exceed the contributed capital, unless the Rab al-Mal's authorization or approval for such debts is proven. These debts shall be the sole liability of the Mudarib.
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