FatwaFederal TerritoriesTransactions & Finance
AL-KAFI #1756: HUKUM PEMODAL MENUNTUT MODAL PELABURAN SELEPAS PERNIAGAAN MENGALAMI KERUGIAN
Can an investor reclaim his investment capital from the entrepreneur after the business has suffered losses?
Short answer
If the business loses to the point that all the capital is gone, the capital loss is borne entirely by the investor, who has no right to reclaim it from the entrepreneur, since the entrepreneur also loses time and effort.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Federal Territories Mufti Office
- Date
- Status
- Opinion (irsyad)
- Series
- Al-Kafi li al-Fatawi
- Topic
- Transactions & Finance
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
If the business loses to the point that all the capital is gone, the capital loss is borne entirely by the investor, who has no right to reclaim it from the entrepreneur, since the entrepreneur also loses time and effort. If some assets remain, the entrepreneur must sell them and return the proceeds to the investor in cash. Profit may not be promised as a fixed amount such as RM300 a month or calculated from the capital, but must be a percentage or fraction of the actual profit.
Written in our own words from the original fatwa — check the source before acting on it.
Dalam akad pelaburan, sekiranya bisnes yang dibuat mengalami kerugian sehingga mengakibatkan duit modal rugi keseluruhannya, maka kerugian tersebut ditanggung sepenuhnya oleh pemodal dan dia tidak berhak menuntut semula duit modal kepada pihak pengusaha atau pekerja.
Read the full fatwa on the Federal Territories website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Federal Territories Mufti Office. “AL-KAFI #1756: HUKUM PEMODAL MENUNTUT MODAL PELABURAN SELEPAS PERNIAGAAN MENGALAMI KERUGIAN”, 12 January 2021. https://muftiwp.gov.my/ms/artikel/al-kafi-li-al-fatawi/4648-al-kafi-1756-hukum-pemodal-menuntut-modal-pelaburan-selepas-perniagaan-mengalami-kerugian. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/investor-reclaim-capital-after-business-loss/