Fatwa ID: 07785
Answered by: Maulana Sheik Abdel Ahaad Imrit
Question:
Assalamualaykum
Can a company pay employees by giving them shares in the company?
For example, for each hour worked they give one share of the company.
In the name of Allah, the Most Gracious, the Most Merciful
Answer:
Wa ʿalaykumu s-salam waRahmatullahi Wabarakatuh,
The Prophet (peace be upon him) prohibited combining two agreements within a single contract. However, this does not apply here, as each agreement is independent of the other.
For example, if the employee resigns, they will still retain their shares, and the profit from these shares does not depend on their work efforts. Since each aspect is separate, this arrangement would be permitted.
Only Allah knows best.
Written by Mawlana Sheik Abdel Ahaad Imrit
Checked and approved by Mufti Mohammed Tosir Miah
Darul Ifta Birmingham
References
«صحيح ابن حبان: التقاسيم والأنواع» (3/ 529):
«2890 – أَخبَرنا أَبُو خَلِيفَةَ، قَالَ: حَدثنا أَبُو الْوَلِيدِ، قَالَ: حَدثنا شُعْبَةُ، عَنْ سِمَاكٍ، عَنْ عَبْدِ الرَّحْمَنِ بْنِ عَبْدِ اللهِ بْنِ مَسْعُودٍ، عَنِ ابْنِ مَسْعُودٍ أَنَّهُ قَالَ: لَا تَحِلُّ صَفْقَتَانِ فِي صَفْقَةٍ، وَإِنَّ رَسُولَ اللهِ صلى الله عليه وسلم لَعَنَ آكِلَ الرِّبَا، وَمُوكِلَهُ، وَشَاهِدَيْهِ، وَكَاتِبَهُ. [5025]»
«المعجم الأوسط للطبراني» (2/ 169):
– وَبِهِ: قَالَ: قَالَ رَسُولُ اللَّهِ صلى الله عليه وسلم: «لَا تَحِلُّ صَفْقَتَانِ فِي صَفْقَةٍ»
