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The question

Is a contract extending for the lifetime of a company, which stipulates that dismissal or change of position is not permissible except in specific cases, considered valid or void, especially according to the Shafi'i school, in light of the company's desire to terminate it on the grounds that it is an unlimited-term lease contract?

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

For the validity of a lease (), the contracted benefit must be known. It is known either by the duration or by the work. Otherwise, the lease is void. This is a matter of agreement among the madhhabs (schools of thought). Therefore, a contract that stipulates perpetual leasing is a فاسد (corrupt/invalid) and مفسوخ (nullified) contract.

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
185739
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