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Permissibility of entering business partnership with a Hindu who invests money acquired through interest?

Answered as per Hanafi Fiqh by Darulifta-Deoband.com
I want to enter into a business partnership with a Hindu person, he will be investing money and I will be working for which we have decided to have a profit sharing as 60 for Hindu and 40 for me. He is putting the money which he is taking on interest from someone. Can I join him please guide.

Answer

(Fatwa: 374/268/D=1433)

If that Hindu person is investing with you in the business while he has taken interest based loan from someone else then in this case the money taken on loan by him carries no harm. You can invest in the business, it is lawful. It is his personal action to pay interest on loan, this neither create any problem in the money taken on loan nor there is any harm in investing this money in your business.

Allah (Subhana Wa Ta’ala) knows Best

Darul Ifta,
Darul Uloom Deoband

This answer was collected from the official ifta website of Darul Uloom Deoband in India.

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