Question:
If a person gave an amount of money to a trader as investment then the trader due to his inefficiency and negligence in the trade suffers a loss and refuses to pay back the amount. Is it proper for the person to demand his money in such case and what is your advice?
Answer :
It is not obligatory that the money is returned to this person. The person chose this trader and knew his condition and gave him his money. If he makes an error in his trade then he is not obliged to return your money.
You already were pleased to enter into trade with this trader from the beginning
So it is not upon him to return it except in the case that if he purposely wasted your money and fell short in his responsibility in a large manner which is not disagreed upon. This is a separate matter. Otherwise, the original ruling is that you already were pleased by this trader (by giving your money to him).
Answered by
Shaykh Abu Bilal Al Hadhrami hafidhahullah
Answered on
8 Rajab 1441
(1st March 2020)
Dars between Magrib and esha
Translated by
Abu Muhammad Nezam Al-Hindi