I need financing for a business project, so is it permissible for me to give the financier 10% of the profit?
Machine translationRead the Arabic original
Question:
May Allah reward you, Honorable Shaykh. This questioner says: I have a business project and I need financing, so I ask a man to give me one hundred and fifty thousand riyals on the condition that I give him ten percent of the profit. Is this permissible?
Answer:
This is a loan, and this is not permissible. You return to him the amount you took from him; this is the loan. Yes.
May Allah reward you, Honorable Shaykh. This questioner says: I have a business project and I need financing, so I ask a man to give me one hundred and fifty thousand riyals on the condition that I give him ten percent of the profit. Is this permissible?
Answer:
This is a loan, and this is not permissible. You return to him the amount you took from him; this is the loan. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [1803 -3022] أحتاج إلى تمويل في مشروع تجاري فهل يجوز أن أعطي الممول من الربح 10%؟ — youtube.com
The Arabic text is a machine transcription of the audio recording.