Lending and investing money

Question ID: 20920
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Asslamu alaikum Muftisaab.

I would like to know if I want to start a business which costs 30000 but don’t have enough money can I tell my cousin lend me eg.15000 and tell him to invest 15000 and we go 50/50 and will pay him from the profits.is it Jaaiz?

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Asked on March 14, 2014 1:58 pm
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Yes.
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Answered on March 14, 2014 1:58 pm