Published 6 years ago
Last updated 6 years ago
Q: I want to invest some money in a friend's import export business against which he would give me a fixed monthly income regardless of the actual profit or loss he makes in the business. Is it halal for me to do this investment and take monthly fixed profit?
A: This is pure interest.
And Allah Ta'ala (الله تعالى) knows best.
Answered by: