Question
I invested in a partnership. However, the contract was haraam. The 'profit' was a fixed monthly amount which has been paid to me for more than a year. After learning of the invalidity of the deal, I want to cancel my partnership, but the other partner has no cash to pay my capital investment. What is the solution?
Answer
The payments you have so far received should be regarded as part payment for the capital you had invested. If you are unable to get your invested money from the person, then regard the so-called 'profit' to be repayment of the amount you had invested. After receiving your invested amount, do not accept further haraam 'dividends' so-called profit, which in reality is riba (interest).
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 27 No 12
- PDF page
- 3
Appears under A SATANIST ‘ABDAAL’ (approximate).