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The question

Is it permissible for a father to open a business in his son's name, with the capital provided by the father, a fixed profit for the son, and the remaining profit returning to the father?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

The type of transaction between the questioner and his father in the project must be clarified. If it is a lease () for his work with a known monthly wage, then it is valid. However, if it is a partnership for a fixed amount of profit, and not a common percentage, then it is impermissible due to the uncertainty of the wage. But if he has a known percentage of the profit, along with taking a monthly amount as an advance, and then the accounting is settled later, this is permissible.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
193504
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy