Loans, Tawarruq, discounting, financing of business : setting price conditional on period of payment

السؤال

Salaam Alaykum Professor Kahf, I saw the question below and wanted your opinion. What kind of contract is this ? The query is, Mr. Z needs say Rs 500,000 as short term finance (say 6 months), for buying certain assets for business and offers Mr. X, 10 % of Mr. Z,'s sales (not profit) during the 6 months, as benefit. If there are no sales during this period, Mr. X will only get his 500,000 back. If there are any sales, he will get 10 % on the sale value as his incentive plus the 500,000 he financed. Is this Halal ? If not, what makes it Haram ? Hajara

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2009-02-10

التخصصات الرئيسية

العلوم المالية و المحاسبية
الدراسات الإسلامية

الموضوعات

• الفقه الإسلامي
• الأسعار

عدد الصفحات

1

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-729680

• APA
• MLA
• AMA