Guaranteeing Profit in Musharakah and Shareholding
Machine translationRead the Arabic original
Question:
Finally, Shaykh Salih, this brother asks about the ruling on guaranteeing the profit in a partnership, shareholding, or a company or institution in which he trades?
Answer:
This is not permissible. Guaranteeing the profit is not permissible; it invalidates the partnership. If one guarantees and stipulates a specific profit or that there will be no loss, this invalidates the partnership. It is an invalid condition. Yes.
Finally, Shaykh Salih, this brother asks about the ruling on guaranteeing the profit in a partnership, shareholding, or a company or institution in which he trades?
Answer:
This is not permissible. Guaranteeing the profit is not permissible; it invalidates the partnership. If one guarantees and stipulates a specific profit or that there will be no loss, this invalidates the partnership. It is an invalid condition. Yes.
Source
قناة «مؤسسة الدعوة الخيرية»، فتاوى على الهواء 03-01-1435هـ - الفوزان — youtube.com (1:04:12)
The Arabic text is a machine transcription of the audio recording.