What is the ruling on depositing a sum of money with "Kunuz" for investment in Islamic projects, with the condition of a profit of 70% of the original amount, and "Kunuz" receiving 15% of the profit?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The aforementioned service is Islamically forbidden (), because among the conditions for permissible investment are that the investor does not guarantee the capital of the financier, and that the share of both parties be a common percentage of the profit, not of the capital. Therefore, stipulating a guarantee or a known percentage of the capital as profit invalidates the investment.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/88000
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 88000
- 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.
- Read the full ruling
- Read the full answer on Ftawy