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The question

Is financing through a variable Musharakah, as an alternative to an overdraft account—to provide liquidity for purchasing raw materials and paying salaries—religiously permissible?

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

The ruling on the fluctuating partnership formula, whether permissible or impermissible, cannot be made without a complete understanding of its conditions, regulations, and the extent of its compliance with Islamic legal standards.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
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Ftawy
Original fatwa ID
105034
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