Question ID: 24881
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AS SALAAM ALIAKUM MUFTI SAAB
I HAVE BEEN GIVEN AN OFFER TO BECOME A PARTNER IN A BUSINESS WITHOUT PUTTING MONEY IN IT. THE BUSINESS IS OR WAS BOUGHT FROM FIANACIAL INSTITUTE AND INTEREST IS BEEN PAID ON IT.CAN I HAVE ANYTHING TO DO WITH THE BUSINESS. THE COMPANY WHATS TO MAKE ME A SHARE HOLDER.
PLEASE ADVISE .I AM HUMBLY WAITING FOR YOUR REPL.
JAZAKALLAH
MAY ALLAH REWARD YOU WELL AMEEN

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Asked on November 15, 2010 12:00 am
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Private answer
The element of Haraam pre-exists, better to specify your part in the holding together with sharing pro rata in its profit and loss.
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Answered on November 15, 2010 12:00 am