Question 1125) - What are the regulations of this partnership?

A: It is permissible and entails Wakalah [agency], but not Kafalah [responsibility for another's debts]. It means that if one of them bought something for the partnership, the price can only be demanded from him, not from the other. That partner will then go to the other partner to claim his share of the payment. The debts of one is not the responsibility of the other.

~ al-Quduri ~