What is the religiously prohibited aspect of an agreement that involves handing over a sum of money to a comprehensive general agent, along with delivering profits at a specified (delayed) time, and an agreement that the funds are subject to profit and loss, and that the owner of the money receives one-third of the profits (after deducting mediation and brokerage expenses that the capital owner was unaware of), knowing that this percentage is approximately 20% of the total capital?
There is no legal impediment (shar'i) in the aforementioned contract, as it is a Mudarabah (profit-sharing) contract. Scholars have differed regarding the validity of stipulating a specific duration for Mudarabah; the Hanafis and Hanbalis permitted it, while the Malikis and Shafi'is prohibited it. The preponderant opinion is the validity of a time-bound Mudarabah if mutual consent is achieved and no harm befalls the worker.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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