business trade Fatwa Cover

Business on Mudaraba basis 4429366432

Monthly Al Kawthar•business trade•

Question

An expatriate asked me to pay Rs. 50,000 / - for doing business on Mudaraba basis. On the other hand, he gave loans to some people on the condition of providing paddy. Now he has told me that he collects paddy from the borrowers and sells it to get Rs. 50,000 / -. I want to know, will it be legal to take Mudaraba capital in this way? 2394241521

Answer

- حامداومصلياومسلما، بسم الله الرحمن الرحيم -

In the case in question, the expatriate has given you two responsibilities. To raise Rs.500 / - on the basis of Mudaraba and to collect the money by selling it by recovering the loan from the borrowers. Each agreement is individually valid. In this case, if you can collect Rs. 50,000 / - in that way, then there is no problem in doing Mudaraba business with that money. Mudaraba business will not start before the money is collected. So if there is any cost for this, you can take it from the expatriate. 3989175578

- والله اعلم باالصواب -

* This Fatwa was translated by Google Translate.
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Source

  • বাদায়েউস সানায়ে, Part: 5, Page: 113
  • ফাতহুল কাদীর, Part: 7, Page: 416
  • তাবয়ীনুল হাকায়েক, Part: 5, Page: 54
  • আদ্দুররুল মুখতার, Part: 5, Page: 647

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