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The question

Is it permissible to take money from friends to pay for an electrical deal purchased on credit and to speculate with their money in the market using the same commodity? Is it permissible to change the price of the commodity from its purchase price? Is it necessary to inform them of the purchase and sale prices? How are the profits distributed? And what is the correct formula for a Mudarabah contract in this case?

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

is a contract between two parties: a capital provider and a worker who trades with the capital. They share the profit according to their agreement, and each party loses what they contributed if a loss occurs. The worker is entrusted with the Mudarabah capital and is only liable for loss due to transgression or negligence. It is not permissible for the Mudarib (worker) to purchase goods he owns with the Mudarabah capital, except with the permission of the capital provider and at market price. If he favors himself, he must guarantee the increase to the capital provider.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
193990
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.
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Read the full answer on Ftawy