What is the Sharia and judicial ruling regarding amounts received as profits in a Mudarabah contract before the capital is settled and liquidated?
Legal Answer
Radiif AI Legal Assistant
⚡ Quick Answer:
Amounts received as advance profits in a Mudarabah contract are accounted for as part of the capital. This is because profits are not realized or settled until the capital is preserved and the partnership is liquidated, thus rendering those amounts part of the original capital.
Legal References & Citations
مبادئ فقهية وقضائية في عقود المضاربة
Share this answer:
About Radiif
Radiif is an AI legal platform specialized in Saudi Arabian law, providing answers verified by legal references and articles.
This answer is for general legal education and is not legal advice. Please consult a licensed attorney for your specific case.
Page Stats
Do you have specific details about your case?
Ask Radiif AI Legal Assistant now and get verified answers with exact citations from Saudi law.
Do you want to consult a certified lawyer for this case?
We can suggest a list of certified lawyers with extensive expertise specifically in this domain.