Question
One of my cousins is a grocer. When he started the business with two lakh rupees a few days ago, he told me, you invest money in my shop. You get all the money you need and you don't have to work in the business. On this condition I invested one lakh rupees in his business and became a partner of one third of the business. The question is, has our agreement been valid or not? And can I take one third of the profit according to the contract? Thank you for informing. 2992142827
Answer
- حامداومصلياومسلما، بسم الله الرحمن الرحيم -
The agreement in question is valid and you can take one third of the profits of the whole business as per the agreement. And if there is a loss in business, you have to bear the loss according to your capital. 2356756813
- والله اعلم باالصواب -
* This Fatwa was translated by Google Translate.
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Source
- ফাতাওয়া হিন্দিয়া, Part: 2, Page: 320
- বাদায়েউস সানায়ে, Part: 5, Page: 83
- আলবাহরুর রায়েক, Part: 5, Page: 177
- মিনহাতুল খালেক, Part: 5, Page: 175
- রদ্দুল মুহতার, Part: 4, Page: 313
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