What is the ruling on agreeing with a person that he receives one-third of the profit from his capital without bearing any loss, and I receive one-third of the profit along with bearing the loss, and the place receives one-third of the profit from his capital, all without the knowledge of the partners?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible to guarantee the capital of a partner in a company; rather, the loss is borne by all partners according to the proportion of their capital. Partners must be informed about the entry of a new partner, and a known percentage of the profit, not of his capital, must be specified for him.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
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- Ftawy
- Original fatwa ID
- 17698
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- . 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