Is an agent's statement concerning profit or loss accepted?

General Chapter

Al-Mughni

Book of Partnership

Book 18 · Issue 1 · Bab 1

Open in Qurani

Primary text

The statement of an agent who says, 'I profited one thousand,' and then retracts by saying, 'I lost that amount,' is accepted. This acceptance is based on the agent being considered a trustee, whose statement regarding loss is accepted, similar to an agent (wakil).

Supporting text

If the agent claims 'I was mistaken' or 'I forgot,' the statement is not accepted because this constitutes an admission of a right belonging to another person (a human right), and retraction from such an admission is not accepted, analogous to retracting an admission that the principal capital was a thousand.