The Ruling on Guaranteeing Profit in a Commercial Partnership
Machine translationRead the Arabic original
Question:
Honorable Shaykh, in institutions, commercial partnerships, and companies, guaranteeing the profit in a shareholding or a partnership, is this transaction permissible?
Answer:
No, guaranteeing the profit is not permissible; it is forbidden and invalid. However, if a profit comes, it belongs to the partners according to their agreed shares. If no profit comes, they have nothing. Yes.
Honorable Shaykh, in institutions, commercial partnerships, and companies, guaranteeing the profit in a shareholding or a partnership, is this transaction permissible?
Answer:
No, guaranteeing the profit is not permissible; it is forbidden and invalid. However, if a profit comes, it belongs to the partners according to their agreed shares. If no profit comes, they have nothing. Yes.
Source
نور على الدرب - الفوزان - 03/100 — archive.org (9:35)
The Arabic text is a machine transcription of the audio recording.