Q: My brother wants to enter into a partnership business with another person whose initial investment in business is taken from an interest bearing loan. Is he allowed to enter into a partnership business with him? Will the profits earned by that business be halaal or haraam?
A: The partnership is permissible, but it is not advisable to take such a person as a partner who is not conscious about deen.
And Allah Ta’ala (الله تعالى) knows best.
Mufti Ebrahim Salejee (Isipingo Beach)