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Business Partnerships
He is investing money in a company that will give him 3% of his capital for a period of ninety days
18,031Selling at the original price, and making maintenance and insurance the responsibility of the customer, in a diminishing-share partnership
In conclusion, it is not permissible to enter into the contract mentioned, because it involves two prohibited matters: 1. the promise to buy the share of the financial institution at its nominal value 2. making maintenance and insurance the responsibility of the customer. These two conditions undermine the partnership contract, so they end up being a trick aimed at earning riba through this financing, because the customer has to pay the financial institution more than he will take from it, under the heading of partnership and renting. And Allah knows best.5,266In the case of business partnerships, it is not stipulated that the shares invested by the partners or their shares of the profits should be equal
11,503If his partner is absent from work, is it permissible for him to deduct from his earnings for that reason?
6,612Salary for one who is a partner in a business on the basis of his expertise and work
14,221They formed a business partnership; how should the profits be shared among them?
14,772Guidelines on dealing with a diminishing-share partnership
16,375Partner took money from the company without his partner’s knowledge
11,619Employee compensating his company for what is owed to it by waiving some of his dues
8,717Deciding on profit shares in a joint venture may be according to what the two partners agree on, not commensurate with each partner’s contribution to the capital
11,482