The mudarib: where do his expenses come from?

Al-Hasan (may Allah have mercy on him) said that the mudarib (managing partner) shall spend from the whole of the wealth.

Ibn Sirin said: It is not so.

Ibrahim (may Allah have mercy on him) said that the mudarib (managing partner) shall spend and shall use clothing of a middling grade. If he makes a profit, that will come from his profit, and if he makes a loss, it will come from the capital.

The narrator said: I asked Ibn Sirin (may Allah have mercy on him) about this, and he said: I do not like that he should spend without the permission of the owner of the capital.

Hammad said that if the mudarib (managing partner) wishes, he may hire a worker and may feed the slaves, if that is from the mudarabah, but he himself shall not eat with them.

Hammad said that for the mudarib (managing partner) no condition shall be made for food or for anything else from which he benefits. If, however, there is a benefit in it for the mudarabah, then it is fine; and if there is no benefit for the mudarabah, it will count as coming from his own personal wealth.

Al-Qasim and Salim were asked whether the mudarib (managing partner) may, in a reasonable manner, eat and drink from that money, ride, and wear clothes and the like. They said: If it is on account of the mudarabah, then there is no harm.