Silent Partnership: Accepting Profit Share from a Joint Investment Deal

Practical Laws of Islam as per the teachings of Imam Khamenei

Silent Partnership: Accepting Profit Share from a Joint Investment Deal

English:

Question #1885:

I gave a person a sum of money to import a number of vehicles on condition that we equally share the profits arising from the sale. After a while, he gave me a sum of money, saying that it was my share of the profit. Is it permissible for me to take that money?

Answer #1885:

If you gave him the money by way of a silent partnership, he then bought the vehicles and sold them, and paid you your share of the profit, the money is yours by shar‘.

-Imam Khamenei, Practical Laws of Islam, Importance and Conditions of Silent Partnership