Back to search
The question

Is an agreement with a merchant brother for a fixed monthly amount in exchange for a specified percentage of the profit considered usury, especially since the agreement was made with his consent and at his suggestion?

Share this answer

Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

Setting a fixed monthly share of the profit is precisely usury (riba), and the consent of both parties does not remove its prohibition. What is permissible is to set a common percentage of the profit, such as half or a third, if profit is made.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
150515
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy