Is it permissible to invest in an electric charger company that offers a fixed daily profit of 20%, with the condition that the profit must be withdrawn daily, or else it carries over to the next day if not withdrawn?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The aforementioned transaction is a (profit-sharing partnership), based on the principle that both the capital provider and the Mudarib (investor/manager) have an undivided share of the profit—if it occurs—according to their agreement, and the capital of the Mudarabah is not guaranteed except in cases of negligence or transgression. However, depriving the capital provider of his profit if he does not withdraw it daily is impermissible, as it constitutes consuming people's wealth unjustly, in accordance with the Almighty's saying: "And do not consume your properties among yourselves unjustly."
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/194051
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 194051
- 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