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The question

What is the ruling on purchasing a pharmacy with financing from a partner, with profit sharing for a limited period with a minimum, and an unlimited period with no maximum, provided that the capital is returned at the end of the contract?

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

If the partner fully funds you to purchase a pharmacy and work in it for half the profit, this is a permissible (partnership). Specifying a minimum duration is permissible according to some scholars. However, requiring the financier's capital to be returned at the end of the Mudarabah such that the financier bears no loss is not permissible.

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
192602
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