{"id":32565,"date":"2024-10-25T10:40:54","date_gmt":"2024-10-25T10:40:54","guid":{"rendered":"http:\/\/daruliftabirmingham.co.uk\/home\/?p=32565"},"modified":"2024-12-02T08:13:05","modified_gmt":"2024-12-02T08:13:05","slug":"business-partnership","status":"publish","type":"post","link":"https:\/\/daruliftabirmingham.co.uk\/home\/business-partnership\/","title":{"rendered":"Business Partnership"},"content":{"rendered":"

Fatwa ID: 07598<\/strong><\/span><\/p>\n

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Answered by Maulana Abdoullah Limvoonheek\u00a0<\/strong><\/span><\/p>\n

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Question:<\/strong><\/span><\/p>\n

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I gave a friend a certain amount and he works with my money. He suggested that depending on how the business is going, I get 3-5% a month. He has a cleaning company, catering and other things. I\u2019ve been doing this for 2 years and he says to me that things aren\u2019t going well at the moment and I\u2019ve been getting 3% for 10 months.\u00a0<\/span><\/p>\n

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My question is whether that\u2019s interest or a normal business. My imam from the mosque said it\u2019s tijara but wanted to make sure again.\u00a0<\/span><\/p>\n

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In the name of Allah, the Most Gracious, the Most Merciful<\/b><\/span><\/p>\n

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Answer:<\/b><\/span><\/p>\n

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The scenario you mention is shirkat (partnership) where you have given money to a person and he is using it for the running of a business.<\/span><\/p>\n

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In every deal, there must be a contract written down and there must be a specified and a fixed ratio or percentages for the wages from the profit gained. This will not be considered as interest.<\/span><\/p>\n

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The drawing of a contract is necessary. So that in the future there is no disagreement or any dispute. Everything should be made clear with witnesses.<\/span><\/p>\n

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However, if you want to be rewarded just give the money as a loan and help your brother. He can work on his own and pay you back the money. As the hadith mentions: \u201c<\/span>is at the back of a servant so long as the servant is at the back of his brother.\u201d<\/span><\/span><\/p>\n

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Only <\/span>Allah<\/span>\u00a0<\/span>knows best<\/span><\/span><\/p>\n

Written by Maulana Abdoullah Limvoonheek\u00a0<\/span><\/p>\n

Checked and approved by Mufti Mohammed Tosir Miah<\/span><\/p>\n

Darul Ifta Birmingham<\/span><\/p>\n

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Reference:<\/span><\/p>\n

\u0641\u0650\u064a \u0639\u064e\u0648\u0652\u0646\u0650 \u0627\u0644\u0652\u0639\u064e\u0628\u0652\u062f\u0650 \u0645\u064e\u0627 \u0643\u064e\u0627\u0646\u064e \u0627\u0644\u0652\u0639\u064e\u0628\u0652\u062f\u064f \u0641\u0650\u064a \u0639\u064e\u0648\u0652\u0646\u0650 \u0623\u064e\u062e\u0650\u064a\u0647\u0650<\/span><\/p>\n

Sahih Muslim Hadith 2699<\/span><\/p>\n

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\u0628\u062f\u0627\u0626\u0639 \u0627\u0644\u0635\u0646\u0627\u0626\u0639 \u062c\u0666 \u0635\u0665\u0669<\/span><\/p>\n

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Fatwa ID: 07598     Answered by Maulana Abdoullah Limvoonheek\u00a0   Question:   I gave a friend a certain amount and he works with my…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[17],"tags":[],"_links":{"self":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/32565"}],"collection":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/comments?post=32565"}],"version-history":[{"count":4,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/32565\/revisions"}],"predecessor-version":[{"id":34117,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/32565\/revisions\/34117"}],"wp:attachment":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/media?parent=32565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/categories?post=32565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/tags?post=32565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}