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The question

How are the profits of an existing company distributed between a partner with capital, a partner with a storefront, and a worker contributing his effort for a third of the profit? When does the worker receive his share of the profit? Is his profit calculated based on the remaining capital or on the entire capital? In the event of capital loss and the existence of debts, do the two partners settle these debts equally from their private funds?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

The majority of scholars are of the opinion that the capital of a company must be in cash. However, some have allowed for one partner's capital to be cash and the other's to be an asset, provided that the asset is valued in cash at the time of the contract. If the partnership is accepted, the capital is the sum of what both partners contributed, and profits are distributed according to the agreement, while losses are distributed equally if their capital contributions are equal. As for the worker, if he enters as a partner with his effort in exchange for one-third of the profit, he receives what was agreed upon when profit materializes. If there is no profit, he receives nothing, and this one-third is from the profit, not from the capital. If he enters as an employee in exchange for one-third of what is generated from sales, then this is considered an invalid (leasing/hiring contract) according to the majority of scholars.

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Where this answer came from
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Ftawy
Original fatwa ID
84187
Imported
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Source text, unreviewed
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