Home » Hanafi Fiqh » Darulifta-Deoband.com » Can Muslims Enter Into 2 Lakhs for 2 Years Business Agreements?

Can Muslims Enter Into 2 Lakhs for 2 Years Business Agreements?

Answered as per Hanafi Fiqh by Darulifta-Deoband.com
Assalamuwalikum, My friend asked one question (i.e) he want to give his shop agreement basis (i.e) he will be get 2 Lakhs from his friend for 2 years(till 2 years his frined will be utilized that shop) After 2 Years my frind will be retrun back 2 Lakhs to his friend. Question is “My frined want to know is it permissible in Islam. Your quick response will be greatly appreciated.

Answer

(Fatwa: 2288/1781=H/1429)

This dealing of two lakhs or less or more is unlawful as per the Shariah.

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.

Read answers with similar topics: