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In Islam is guarantor needed in any investments as investment will be either loss or profit. There are people saying that the guarantor will have to pay the amount if the investment failed and there is a loss.

Answered as per Hanafi Fiqh by ShariahBoard.org
In Islam is guarantor needed in any investments as investment will be either loss or profit. There are people saying that the guarantor will have to pay the amount if the investment failed and there is a loss.

It’s not necessary to have a guarantor but if someone accepts the position then in this case it would be fine.

Allah (Subhanahu Wa Ta’ala) Knows Best

Mufti Nawal-ur-Rahman

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This answer was collected from Shariahboard.org. It was established under the supervision of the eminent faqih of our era, Hazrat Shah Mufti Mohammed Navalur Rahman damat barakatuhum.

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