What is the ruling on entering an investment portfolio through which a company purchases a cargo ship, with the investors being the owners, and the company managing the ship for a one-time fee of 3% of the capital, and projected profits are distributed monthly at a rate of 6-9%, with a reserve fund to cover losses or additional costs from profits exceeding 9%, and selling the ship after five years and distributing its profits?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
It is permissible to invest with the aforementioned company if it receives investors' funds to purchase and operate ships, and expects a profit for the investor within 9% without guarantee, while retaining the excess to cover damages or distribute it to investors. The company also takes a lump sum (3% of the invested amount) for its work and does not bear losses, which are borne by the investors.
Summarized from the full answer at Ftawy · imported
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- 181558
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