A:
This deal is null and void due to the stated condition which requires that the second party repay the money in installments irrespective of the loss.
The valid form of Mudarabah partnership (speculative partnership, giving an amount of money to trade with in return for a share in the profit) is that that one gives an amount of money to another to trade with in return for a set share in the profit. If financial loss or damage occurs to the capital without neglect from the second party, this second party does not bear the losses or damages. May Allah grant us success. May peace and blessings of Allah be upon our Prophet Muhammad, his family and Companions!
Quran
Quran
Quran Reciters
fiqh
Doctrine and Tawhid
Know about Islam
The valid form of Mu...
