The ruling on specifying a fixed profit for the owner of the capital
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. A questioner says: A man gave me a sum of money to work with, and he asked for a specific profit every year. Is that permissible?
Answer:
It is forbidden. Specifying a fixed amount is not permissible. For example, he asks for a quarter, a tenth, or a fifth of the profit as a share. If a profit comes in, you give it to him; if no profit comes in, he gets nothing. That is fine. But guaranteeing him a profit is not allowed; that is forbidden. Yes.
Honorable Shaykh, may Allah grant you success. A questioner says: A man gave me a sum of money to work with, and he asked for a specific profit every year. Is that permissible?
Answer:
It is forbidden. Specifying a fixed amount is not permissible. For example, he asks for a quarter, a tenth, or a fifth of the profit as a share. If a profit comes in, you give it to him; if no profit comes in, he gets nothing. That is fine. But guaranteeing him a profit is not allowed; that is forbidden. Yes.
Source
شرح إغاثة اللهفان من مصائد الشيطان لابن القيم، فصل وقد أخبر - صلى لله عليه وسلم - أن طائفة من أمته تستحل الربا باسم البيع — islamhouse.com (53:05)
The Arabic text is a machine transcription of the audio recording.