Drawing a salary in a mudhaarabah partnership

Q: Is it permissible, in a mudhaarabah partnership, for both the rabbul maal (financer) and the working partner to draw a specified equal salary per month? Can the salaries be different to the profit share ratio?

A: It is not permissible. Both are entitled to their share in the business based on mutual agreement.

And Allah Ta'ala (الله تعالى) knows best.

 

Answered by:

Mufti Zakaria Makada

Checked & Approved:

Mufti Ebrahim Salejee (Isipingo Beach)