Reference no: EM131313456

A young couple was involved in a multi-level marketing business for a number of years under the wife's name. The husband used his money and made a loan of RM 20000(about 6000 US dollar) from an Islamic bank to start the business. The profit gained from the business is mainly through the monthly bonuses. A small portion of it is paid back to the loan (the husband expects the loan to be paid by the business eventually) whereas the majority is consumed for personal use of the wife.The husband did not take any profit for himself. The couple separated while the majority of the loan has not been paid. When the wife is divorced, the value of the products remained at that time is less than RM1000. Is she bound to share the responsibility of paying off the remaining loan? If she is also responsible, would it be only for the original amount obtained (RM20000) from the bank or the amount that has to be paid back to the bank i.e. about RM25000? Is she also equally responsible to sell off the remaining slow-selling products.