Back to search
The question

Is it permissible to distribute profits annually in the aforementioned Mudarabah and Inan company, or must it be at the end of the specified three-year period?

Share this answer

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

It is permissible to mix funds without the knowledge of the partners, provided that the agent is capable of managing all of them. There is no harm in taking Mudarabah funds from several individuals and adding the agent's own money to them. However, adding the agent's share of the profit to the capital is not correct, because the agent does not possess their share with full and stable ownership until after the division and liquidation of the funds and their delivery to their owners.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
87274
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