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Drawing a salary in a mudhaarabah partnership

Answered according to Hanafi Fiqh by Muftionline.co.za

Q: Is it permissible in a mudaarabat partnership for both the rabbul maal and the working partner to draw a specified equal salary per month? Can the salaries be different to the profit share ratio?

Bismillaah

A: It is not permissible. Both are entitled to their share in the business based on mutual agreement.

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

 

Answered by:

Mufti Zakaria Makada

Checked & Approved:

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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