The valid form of Mudarabah partnership

A: Firstly, there is nothing wrong with creating the partnership in the way mentioned in the question. Secondly, Zakah is to be paid on the assets of the partnership whether possessed in the form of cash or debts owed to the partners by people, if they are solvent debtors. Also, Zakah is to be paid on the profits at the completion of a Hawl (one lunar year calculated from the time a property reaches the minimum amount upon which Zakah is due) since the acquisition of the capital asset. Thirdly, it is not permissible for any of the members to sell their shares in return for money as it is selling money for money. Yet, they are permitted to sell their shares in return for anything other than money, such as food, cars and the like. (Part No. 14; Page No. 328) It is permissible to give those members their payments back in addition to their shares of profits. May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.