Q:
Some partners in a company agreed to fix a monthly salary for one of them who will run the company and this role has nothing to do with profit or loss. Is this agreement permissible?
What should they do if it is not permissible? May Allah guide you to what is good!
A:
There is no harm in assigning a fixed monthly salary for one of the partners in return for the work he does in the company, apart from his share in the profits. The Prophet (peace be upon him) said,
"Muslims are bound by their conditions."
May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.
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Some partners in a c...
