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Apr 25th
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The Khilafah

Q&A: Is it Permissible for one of the Partners in a Company of Assets to Work as an Employee in Return for a Defined Wage in Addition to his Share of the Profit?

Q&A: Is it Permissible for one of the Partners in a Company of Assets to Work as an Employee in Return for a Defined Wage in Addition to his Share of the Profit?

Question:

Assalamu alaikum, our honourable Sheikh, May Allah guide you to what He and His honourable Messenger love.

I have a question, in the case of a partnership between two in a commercial vehicle; the first party has two thirds, and the second party has a one-third and himself works in the vehicle. They stipulated to divide the profit as follows: of the Net profit for the car, the second party takes the wage of a driver plus the one-third share, and the first party takes the two-thirds. Is this legally permissible or not? Wa Baraka Allahu Feeka

From: Ahmad Maqdesy

 

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