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02 / 05 / 2026
Speculation vs. Fixed Profit Assignment
I took one hundred thousand pounds from people, and I agreed with them to give them a fixed amount from the profit, which is (3000) monthly, whether I made a profit or a loss during the month?
Answer
I say, and with God's help: This transaction is usury, and this amount is forbidden for both the payer and the receiver. You must achieve the meaning of partnership, where the profit is a common share, such as (20%) for example. Partnership is only permissible in a common share, not in a specific amount and fixed sum. Partnership also includes both profit and loss, and God knows best.
