Question: A woman has two children who are orphans. She has remarried but does not want to burden her husband with the children’s school and tuition fees. The children’s aunt has given approximately four lakh rupees from Zakat and Sadaqah. The woman wants to invest this money in her brother’s business and has asked her brother to send her thirty thousand rupees monthly for the children’s fees. Her brother has agreed and said that she can take back all her money whenever she needs it. Is this method correct?
Answer: Investing money in a business and taking a fixed profit in this manner is not permissible, as it falls under the category of interest (Riba). According to Shariah, profits should be determined based on the business’s gains and losses. It is not permissible to take a fixed monthly amount as profit because business profits can fluctuate. For example, it is permissible to agree on taking a percentage of the profit, such as ten or fifteen percent, but taking a fixed monthly amount as profit is not allowed.
Sheikh Maqbool Ahmed Salafi (Hafizahullah) ❪Jeddah Dawah Center, Hayy Al-Salamah – Saudi Arabia❫
Does the worldly punishment for Zina clear the sin in the hereafter? Can an intoxicated person be punished? A detailed… Read More
Can you marry someone pregnant from Zina? What is the lineage and inheritance of a child born from Zina? This… Read More
A detailed explanation of Zina in Islam, its severe consequences, the prescribed punishments of lashing and stoning (rajm) in the… Read More
Discover what Islam teaches about friendship, based on the Quran and Sunnah. Learn how to choose righteous friends and the… Read More
Explore the comprehensive rights Islam grants to women, from spiritual equality to economic independence, and how these principles align with… Read More
Discover how Islam guides parents to raise righteous children and the blessings they receive in return Read More