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Giving a discount

Answered according to Hanafi Fiqh by Muftionline.co.za

Q: I purchased an x-ray machine. Mr.X said that he wants to run the machine, and told that he will be giving monthly 20,000 rupees to me, and the rest of the profit will be his. Three months he gave me that amount i.e 20,000. The next two months Mr.X couldn’t get enough profit, so he told me that he is going to give 15,000. I agreed as I don’t want him to go in loss. Is my business in accordance to shariah?

Bismillaah

A: Yes.

And Allah Ta’ala (الله تعالى) knows best.

 

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)

This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

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