Answer:
(Fatwa: 1861/1337/L=1431)
If all the conditions mentioned in the question are fulfilled and the profit is fixed as per investment ratio and in case of loss all the participants share it according to capital amount, then such type of investment is lawful.
Allah (Subhana Wa Ta’ala) knows Best
Darul Ifta,
Darul Uloom Deoband
