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The question

Is it permissible to repay a debt, incurred for a business project, from the profits of that project?

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

If you borrow money from your relative to use as capital for a business venture between you, there is no harm in that.

However, stipulating that the loan be repaid only from the profits is impermissible due to jahalah (uncertainty) and (risk/deception). But if the intention is to repay from the profits if they exist, and otherwise from your own money, then there is no harm.

Not setting a due date for the repayment of the debt does not cause harm according to some scholars.

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
193075
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