• managing partner (مضارب) cannot claim a separate salary or fee for the same investment partnership (مضاربة) work in addition to his profit share.
• Imam Ahmad allows daily food expenses from the investment partnership (مضاربة) account.
• Hanafi jurists allow necessary personal expenses when the managing partner (مضارب) is on a business trip outside his own city.
• Under that Hanafi rule, no daily allowance is taken while he is in his own city.
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Salary and Personal Expenses
investment partnership (مضاربة): Business, Profit and Termination
• managing partner (مضارب) cannot claim a separate salary or fee for the same investment partnership (مضاربة) work in addition to his profit share.
• Imam Ahmad allows daily food expenses from the investment partnership (مضاربة) account.
• Hanafi jurists allow necessary personal expenses when the managing partner (مضارب) is on a business trip outside his own city.
• Under that Hanafi rule, no daily allowance is taken while he is in his own city.