In Investing Money Through Mudaraba, the Known Arrangement Is That the Return Is a - Jurisprudential Answers - Miscellaneous Issues, Vol 5
From WikiSavior, a source-grounded reference
Question and answer [link]
Question 140
In investing money through mudaraba, the known arrangement is that the return is a percentage of profits rather than a fixed amount on the principal. For example, the profit on one million dinars is split equally whether profits are small or large. Is this permissible? What if instead the agreement is for a fixed monthly return such as 50,000 or 100,000 on the million?
Ahmed al-Hasan Response:
There is no problem with mudaraba or taking a percentage of the profits.
Source: Jurisprudential Answers - Miscellaneous Issues, Vol 5; Author: Imam Ahmed Al-Hasan; Question 140; Page Not available; FIQH-MISC-V5-Q140. View Arabic source · Open the original Arabic source ↗
More in Work & transactions
- Rafidain Bank Offered Retirees Advances of Three Million Dinars with 7 Percent
- Profits or Interest Paid by Government and Private Banks in Iraq and Elsewhere on
- If Someone Gives Money to a Trader and Receives a Limited Profit While Any Loss Is
- A Person Works for an Employer and Learns That the Employer's Money Is Unlawful
References
- ↑ Ahmed Al-Hasan. Jurisprudential Answers - Miscellaneous Issues, Vol 5. Question 140; Page Not available. FIQH-MISC-V5-Q140. View Arabic source
Cite this page
Ahmed Al-Hasan. Jurisprudential Answers - Miscellaneous Issues, Vol 5. Question: 140. Page: Not available. FIQH-MISC-V5-Q140. https://almahdyoon.com/arabic/documents/books-saed/214-Ajwiba-fi9h-5.pdf