Fatwa ID: 05937
Answered by: Shaykh Ahmed Bin Mohamed Umarji
Question:
I have 20 shops, rental is based on turnover, no disputes…
But still, I want to ask you a question
Is it permissible to give a shop on rent and charge the tenant a certain percentage of the proceeds or turnover of the business? For example, 10% of the turnover, so if in December the turnover was £15000, the rent for that month would be £1500.
Is this permissible
In the name of Allah, the Most Gracious, the Most Merciful
Answer:
This is permissible. It will be classified as a partnership where you are providing the space and the other part is bringing the goods and labour. As partners, you may agree on what percentage either party will get.1
Only Allah knows best
Written by Shaykh Ahmed Bin Mohamed Umarji
Checked and approved by Mufti Mohammed Tosir Miah
Darul Ifta Birmingham
1 Mukhtasar Al-Quduri, Page 217, Mustafah Publishers
