Published 12 months ago
Last updated 12 months ago
Q: I have a furniture trading and manufacturing business. I want to take investment to grow my business. I am offering my prospects 30% to 36% (variable) early profit on their investment if they invest for a minimum 1 year.
Incase of any loss they will have to bear the loss as well. Is this shariah compliant and halaal?
A: You cannot give an early profit. The profit can only be given after the business shows some result.
And Allah Ta'ala (الله تعالى) knows best.
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