business trade Fatwa Cover

Business investment and profit making 7957673281

Monthly Al Kawthar•business trade•

Question

A friend of mine does wholesale business of various things like potatoes, onions, vegetables. I told him a few lakhs of rupees that you will take something from the profit, give me something. He gives me two thousand rupees in a month, twenty-seven hundred rupees in a month, and a certain amount of money in a month. The thing to know is, will the money he gave me every month be of interest? 8967681167

Answer

- حامداومصلياومسلما، بسم الله الرحمن الرحيم -

The capital of one party and the labor of the other is one of the basic principles of this business. For example, investors will get 80% of the profit and traders will get 40%. Or more or less any part. Since the percentage rate was not fixed in the agreement in question; Instead, there is an agreement to give some part of the profit, so in this case, according to the normal rules, you have to divide the profit among you at half rate. Therefore, if what you have been given as profit is 50% of the profit earned, then it is valid to take it. And if it is less, you can take the rest. And if you pay more than 50%, you have to pay back. Note that it is important to keep a complete account of such businesses. As if the distribution of dividends is appropriate. 8678628362

- والله اعلم باالصواب -

* This Fatwa was translated by Google Translate.
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Source

  • বাদায়েউস সানায়ে, Part: 5, Page: 111
  • মাজাল্লাহ, মাদ্দাহ, Page: 1,411
  • শরহুল মাজাল্লা, খালিদ আতাসী, Part: 4, Page: 333
  • মাবসূত সারাখসী, Part: 22, Page: 23
  • আলবাহরুর রায়েক, Part: 7, Page: 264
  • ফাতাওয়া হিন্দিয়া, Part: 4, Page: 285
  • রদ্দুল মুহতার, Part: 5, Page: 648

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