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The question

Is an agreement with a merchant brother for a fixed monthly amount in exchange for a specified percentage of the profit considered usury, especially since the agreement was made with his consent and at his suggestion?

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

Setting a fixed monthly share of the profit is precisely usury (riba), and the consent of both parties does not remove its prohibition. What is permissible is to set a common percentage of the profit, such as half or a third, if profit is made.

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
150515
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