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Losing investors money

Answered as per Hanafi Fiqh by Muftionline.co.za

Q: Eight years back my khala and four years back my mamu had given me money to invest in business. Three years back I got cheated by someone and I lost all money even my capital. I never told my relatives regarding these losses so far. They never asked me about account just casually they ask how business is running and I say its ok. Between these three years and before that I gave them money if they demanded. I have niyyyat and full faith in almighty Allah Ta’ala will help me. If I made profit I will try to pay them their principle amount and will add profit with it. So sir I am working on some project if almighty make it happen and Insha Allah I get money how to share profit beside principle capital with my relatives.

Bismillaah

A: If the money is lost not through your negligence then you need to tell them that it has been stolen without your negligence, hence you are not responsible.

And Allah Ta’ala (الله تعالى) knows best.

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)

This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

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