Silent Partnership: Legitimacy of Collective Investment with Shared Profits

Practical Laws of Islam as per the teachings of Imam Khamenei

Silent Partnership: Legitimacy of Collective Investment with Shared Profits

English:

Question #1891:

A person collected a sum of money from different people with the intention of trading with it and giving them proportionate shares of the profit. What is the view on such a deal?

Answer #1891:

There is no harm in that provided that combined their money for trading with the permission of the owners.

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