Section : Qirad. Malik related to me from Zayd ibn Aslam that his father said, “Abdullah and Ubaydullah, the sons of Umar ibn al-Khattab went out with the army to Iraq. On the way home, they passed by Abu Musa…
Section : Qirad. Malik related to me from al-Ala ibn Abd ar-Rahman from his father from his father that Uthman ibn Affan gave him some money as qirad to use provided the profit was shared between them.
Section : What Is Permitted in Qirad. Malik said, “The recognised and permitted form of qirad is that a man take capital from an associate to use. He does not guarantee it and in travelling pays out of the capital…
Section : What Is Not Permitted in Qirad. Malik said, “When a man owes money to another man and he asks him to let it stay with him as a quirad, that is disapproved of until the creditor receives his…
Section : What Is Not Permitted in Qirad. Yahya said that Malik spoke about an investor who made a qirad loan and stipulated to the agent that only certain goods should be bought with his money or he forbade certain…
Section : Conditions Not Permitted in Qirad. Yahya said that Malik said, “The person who puts up the principal must not stipulate that he has something of the profit alone without the agent sharing in it, nor must the agent…
Section : Qirad In Wares. Yahya said that Malik said, “No one should make a qirad loan except in coin, because the loan must not be in wares, since loaning wares can only be worked in one of two ways|…
Section : Hire in Qirad. 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…
Section : Overstepping in Qirad. Yahya said that Malik spoke about an investor who made a qirad loan to a man, who used it and made a profit. Then the man bought with all the profit a slave-girl and he…
Section : Expenses Permitted in Qirad. Yahya said that Malik spoke about an investor who made a qirad loan to a man. He said, “When the investment is large, the travelling expenses of the agent are taken from it. He…
Section : Expenses Not Permitted in Qirad. Yahya said that Malik spoke about an agent who had qirad money with him and he spent from it and clothed himself. He said, “He cannot give away any of it, and neither…
Section : Debts in Qirad. Yahya said that Malik said, “The generally agreed on way of doing things among us about an investor who pays qirad money to an agent to buy goods, and the agent then sells the goods…
Section : Goods in the Qirad. 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…
Section : Loans in Qirad. 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…
Section : Accounting in Qirad. 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,…