Mufti Online — Madrasah Ta'leemuddeen

Entering into a partnership

· 23 Jumada I 1441 AH1 min readEnglish

Question

I am living in Dubai and I bought a limousine on instalments. I paid the down payment. I have a cousin who is working with me night shift. He did not pay anything for the limousin. I paid everything. Before buying the car, we agreed that we will share the profit half half end of the month. Now my question is, can I take a little more money?

Answer

Since you had purchased the car alone, the car belongs to you. If your cousin wishes to enter into a partnership with you, then he should also contribute towards the partnership and thereafter you both may mutually agree on the profit sharing.

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

Answered by
Mufti Zakaria Makada
Checked & approved by
Mufti Ebrahim Salejee (Isipingo Beach)
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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/31009
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