Hadith 38384

Muwatta Malik

موطأ مالك

10


Yahya said that Malik spoke about an investor who made a qiradloan to a man.He said, "When the investment is large, thetravelling expenses of the agent are taken from it. He can use it toeat and clothe himself in an acceptable fashion according to the sizeof the investment. If it saves him trouble, he can take a wage fromsome of the capital, if it is large, and he cannot support himself.There are certain jobs which an agent or his like are not responsiblefor, amongst them are collecting debts, transporting the goods,loading up and so forth. He can hire from the capital someone to dothat for him. The agent should not spend from the capital nor clothehimself from it while he resides with his family. It is only permittedfor him to have expenses when he travels for the investment. Theexpenses are taken from the capital. If he is only trading with theproperty in the city in which he resides, he has no expenses from thecapital and no clothing."Malik spoke about an investor whopaid qirad money to a man, and the agent went out with it and with hisown capital. He said, "The expenses come from the qirad and from hisown capital according to their proportions."

USC-MSA web (English) reference: Book 32, Hadith 10