What is the ruling on entering into a partnership as follows: I receive a quarter of the profits, another partner receives a quarter of the profits, and a third party receives half, bearing in mind that the partnership will begin after three months?

It is not permissible for the deferred price of goods to be made the capital of a company. Rather, the company's capital must be in cash or appraised assets.

If you wish to partner with the merchant, the sale must be annulled, and the goods appraised according to market price. You would then be a partner with the value of the goods, and he would contribute his labor.

It is permissible for the company's capital to be in the form of assets (non-cash holdings) after they have been appraised in cash. This is the view of the Maliki and Hanbali schools of thought.

One must be cautious of circumventing usury.