Transactions & Dealings >> Business

Question # : 36771

India

I want to enter into a business partnership with a Hindu person, he will be investing money and I will be working for which we have decided to have a profit sharing as 60 for Hindu and 40 for me. He is putting the money which he is taking on interest from someone. Can I join him please guide.

Answer : 36771

Published on: Jan 31, 2012

بسم الله الرحمن الرحيم


(Fatwa: 374/268/D=1433)

If that Hindu person is investing with you in the business while he has taken interest based loan from someone else then in this case the money taken on loan by him carries no harm. You can invest in the business, it is lawful. It is his personal action to pay interest on loan, this neither create any problem in the money taken on loan nor there is any harm in investing this money in your business.


Allah knows Best!


Darul Ifta,
Darul Uloom Deoband

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