What is the ruling on subscribing to shares with a guaranteed profit from the state?

The questioner : The questioner says: Some companies offer public subscription shares with a third party, which is the state, for a profit of between fifteen and twenty percent approximately for the subscription. Some scholars have issued a ruling that this is forbidden. What is the reason for the prohibition? Please inform us.

The Shaykh : There is no basis for issuing a ruling of prohibition in this matter, because this guaranteed profit from the state is not from one of the partners. The forbidden case is when the profit is from one of the partners, because it would be uncertain or uncertain. As for when it is from a fixed party, there is nothing wrong with it, and there is no basis for prohibition. And let it be known that the default in contracts is prohibition until the correction is established.