Two men entered into a partnership, one with all the capital and the other with the shop, and they agreed that the profits would be equal. Is this trade permissible?
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The questioner: His EminenceThe Shaykh : Two men entered into a partnership in a commercial shop. The first party entered with all the capital, and the second party entered with the shop. It is known that they agreed that the profits would be equal, half and half. Is this trade permissible in the Shari'ah?
The Shaykh : Repeat, read it again. Take your time.
The questioner : Two men entered into a partnership in a commercial shop. The first party entered with all the capital, and the second party entered with the shop. It is known that they agreed that the profits would be equal.
The Shaykh : I mean, excuse me, by the shop, I mean the store belongs to one of them.
The questioner : And the capital.
The Shaykh : Take your time. I am going to repeat to you what I understood: the store belongs to one of them, and the other put goods in the store and stocked it with merchandise.
The questioner : Yes, Shaykh.
The Shaykh : Okay. And they agreed that the profits would be split equally.
The questioner: Yes.
The Shaykh : Is the question only up to this point?
The questioner : No, there is a continuation: Is this trade permissible in the Shari'ah in this matter?
The Shaykh : I understand, but the question is: Is this scenario?
The questioner : Is this scenario valid?
The Shaykh : And finally, you are asking: Is this partnership permissible or not?
The questioner: Yes.
The Shaykh : Is that the question?
The questioner : Yes, Shaykh.
The Shaykh : Was the store empty before they entered into this partnership?
The questioner : It was empty. Let us assume it was empty.
The Shaykh : It was empty, okay. And they agreed that the capital would be from the partner's money, a specific amount.
The questioner : Yes.
The Shaykh : A specific quantity.
The questioner : A specific quantity.
The Shaykh : Okay, there is nothing wrong with it.
The Shaykh : Repeat, read it again. Take your time.
The questioner : Two men entered into a partnership in a commercial shop. The first party entered with all the capital, and the second party entered with the shop. It is known that they agreed that the profits would be equal.
The Shaykh : I mean, excuse me, by the shop, I mean the store belongs to one of them.
The questioner : And the capital.
The Shaykh : Take your time. I am going to repeat to you what I understood: the store belongs to one of them, and the other put goods in the store and stocked it with merchandise.
The questioner : Yes, Shaykh.
The Shaykh : Okay. And they agreed that the profits would be split equally.
The questioner: Yes.
The Shaykh : Is the question only up to this point?
The questioner : No, there is a continuation: Is this trade permissible in the Shari'ah in this matter?
The Shaykh : I understand, but the question is: Is this scenario?
The questioner : Is this scenario valid?
The Shaykh : And finally, you are asking: Is this partnership permissible or not?
The questioner: Yes.
The Shaykh : Is that the question?
The questioner : Yes, Shaykh.
The Shaykh : Was the store empty before they entered into this partnership?
The questioner : It was empty. Let us assume it was empty.
The Shaykh : It was empty, okay. And they agreed that the capital would be from the partner's money, a specific amount.
The questioner : Yes.
The Shaykh : A specific quantity.
The questioner : A specific quantity.
The Shaykh : Okay, there is nothing wrong with it.
Source
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The Arabic text is copied verbatim from the original source, without any edits.