A group of Shareholders of the invalid company, Amaanat Investment Holdings, have issued the following statement:
(End of the statement of Amaanat Minorities)
It is clear – clearer than daylight – that those in charge of Amaanat Investment Holdings have no perception of the Shariah’s concept of Shirket (Partnership).
A valid Shar’i Shirket does not exist with partners who disown the ‘partnership’ and demand that their shares of the company’s assets be paid to them. It is Waajib to terminate the partnership in respect of those who are demanding ‘exist’. Those who are desirous of continuing the partnership, should arrange among themselves the terms and conditions. But it is haraam to hold and usurp the assets of the partners who demand to be released from this haraam, miserable cartel.
People cannot be compelled to remain in a partnership, especially if they find the business to be haraam and rotten. We fail to understand the ignorance of this company’s so-called ‘shariah board’. When they lack even proper understanding of the basic rudiments for a valid Shirket, then the shenanigans perpetrated by this company are readily comprehensible.
There is no valid Shar’i basis for holding the gun at the heads of the quitting partners and to compel them to remain as partners despite their vehement objection and aversion for the company which in reality is not a valid Shar’i Shirket.
When there is no fear for Allah Ta’ala and the Accountability in the Divine Court, then even professed Muslims behave like atheists. By their practical acquittal they convey the notion of Allah Ta’ala not existing, hence they scoff at His Laws and reject His Shariah.
The Amaant Minorities group must persist with their protests and objections and demand to be paid out.
6 Rabiul Awwal 1446 – 10 September 2024
