The Issue of Mudarabah
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A trade for which no license is issued, for example. I have money, so I send a person to buy goods, sell them, and then send me the profit. I consulted the Ministry of Commerce, and they said: This is not prohibited?
There is nothing wrong with this; it is not required. For example, an employee may give a person money for a mudarabah, and the person takes the money to trade with it, receiving half or a third of the profit, according to what they agree upon.
The questioner: Even if I specify for him a particular item from the same goods?The Shaykh: There is absolutely nothing wrong with that. Therefore, you have not started the work; the most that happened is that you handed over money.
There is nothing wrong with this; it is not required. For example, an employee may give a person money for a mudarabah, and the person takes the money to trade with it, receiving half or a third of the profit, according to what they agree upon.
The questioner: Even if I specify for him a particular item from the same goods?The Shaykh: There is absolutely nothing wrong with that. Therefore, you have not started the work; the most that happened is that you handed over money.