Silent Partnership: Claiming Compensation from a Surety When a Silent Partnership Partner Disappears**
Practical Laws of Islam as per the teachings of Imam Khamenei
Silent Partnership: Claiming Compensation from a Surety When a Silent Partnership Partner Disappears**
English:
Question #1894:
A person gave another a sum of money to be invested in a silent partnership. It was agreed that a third party stood as a surety. If the man entrusted with the money disappears, has the provider of the money the right to demand compensation from the surety?
Answer #1894:
There is no objection to requiring a surety for the funds provided for a silent partnership, as the question goes. Should the working partner run away with the money that has been provided as capital for the partnership, or should he willfully and unjustly damage it, the money owner has the right to demand compensation from the surety.
-Imam Khamenei, Practical Laws of Islam, Importance and Conditions of Silent Partnership