It is permissible to invẹ́st capital in profit sharing ventures, and to invest with companies that work in this field, if they meet the following conditions:

1. The company will invẹ́st in permissible ventures , which include selling gold , if the conditions of exchange on the spot are met when selling it for cash or silver, and the condition that the exchange will be done on the spot in equal amounts, when selling gold for gold, is met.

2. The capital should not be guaranteed, so the company should not commit to returning the capital in the event of loss, unless the company has overstepped the mark or been negligent. That is because if the capital is guaranteed in all cases, then this transaction is in fact a loan, and whatever it brings of benefits is regarded as Riba.

3. The profit should be known and agreed upon , but it should be defined as a percentage of the profits and not of the capital . So, for example, one of the partners may receive one third, or half, or 20% of the profits, and the rest will go to the other partner.

The contract is not valid if the profit is defined as a certain amount, or as a percentage of the capital, or if it is not known and not defined. Islamic jurists have stated that this type of partnership is invalid in these cases.

Ibn Al-Mundhir (may Allah have mercy on him) said:

“All of the scholars from whom we acquired knowledge have agreed that a (profit-sharing) partnership becomes invalid if one or both parties stipulate that he will receive a specific amount of money . Among those from whom we learned that are Malik, Al-Awza`i, Ash-Shafa`i, Abu Thawr and Ashab Ar-ra’y." (Al-Mughni 5/23).

It says in Matalib Uli’n-Nuha (3/517):

“If he says: Take this (money) and do business with it, and you will have a portion of the profit, or you will be a partner in the profit, or you will have something of the profit, or a share of the profit, that is not valid, because it is unknown, and a profit-sharing partnership is not valid if the shares of profit are unknown.”

If these conditions are met, then it is permissible to invẹ́st.

Source - IslamQA

May Allah S. W. T bless us with halal income Amin

May Almighty Allah bless us with good and halal income. Ameen

Beautiful..
It's only we should keep off on the investment that can lead us directly or indirectly to R'íbà and Jahana..just like the Lotos, non Islamic banking investment

Muslims should stop sharing from VAT generated from alcohol consumption, interests on bank loans and from other things you see as haram

Didn't Islam teach you not to receive Haram money from alcohol sales?
Preach to your northern governors not to fight tax reform, it is Kudi Haram

Invest in pork folks ...you will enjoy it. I will smuggle pork meat for you guys to eat in Mecca soon

Pennilessword1:
Invest in pork folks ...you will enjoy it. I will smuggle pork meat for you guys to eat in Mecca soon

Speak good or remain silent. Thanks

Jamodeen95:


Speak good or remain silent. Thanks

Hahaha terrorist talking to me...? Really. And it said speak good. 😂