A man who gives another man wealth in mudarabah

Al-Hasan was asked about a man who gave another man three thousand dirhams as mudarabah. He boarded a boat and it broke apart, so two thousand of it was lost and one thousand remained. The man traded with the one thousand and earned some profit. How will they now divide that profit? He said: They will not divide until it reaches three thousand; after that they will divide the profit.

Al-Hasan said: The capital of the mudarabah is one thousand dirhams, and they will divide the profit in the way they stipulated.

Yahya bin Abi Kathir spoke to al-Hakam bin Utaybah (about this), and he said: If he went back to his partner and informed him that his wealth had decreased, and the partner said: Go and work with what remains, then the profit is reckoned on five thousand, and they divide it. But if he did not say that to him, then the man's capital is ten thousand, and they divide whatever exceeds it.

Ibrahim said concerning the mudarib (working partner): The profit is whatever they agree upon, and the loss falls on the wealth. If they divide the profit, the loss falls on the capital; and if they do not divide it, they return the profit to the capital.

Ibn Sirin was asked about mudarabah: when there is a profit, then a loss, then a profit. He said: The reckoning is on the original capital, unless before that the two of them had taken possession of the wealth, or had reckoned it as taken into possession.

Abu Qilabah said: The two of them remain on the original terms of their partnership until they make a reckoning.

Qatadah said concerning a mudarib who was given mudarabah wealth on a half share, and he then gave it to someone else on a half share: He said: The other person gets half, and the owner of the wealth also gets half.

And Abu Hashim said: The other person gets half, and whatever remains is for the owner of the wealth and the middleman, between them.