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[Leasing a Grocery (or the Like) Including Its Inventory for a Monthly Fee]

Mufti:
Alsayyed Muhammad b. Abdallah Awad Al-Muayyady
تاريخ النشر:
Fatwa number: 21607
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[Leasing a Grocery (or the Like) Including Its Inventory for a Monthly Fee]
Fatwa number: 21607
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Question

Question: A man has a grocery or a pharmacy containing inventory worth one million riyals. He and another man agree that the latter will operate that shop and pay him twenty-five thousand riyals per month from the profits. When the agreed term ends, the shop is to be returned with inventory worth one million riyals, as on the day he entered. Is this partnership valid?

Answer

Answer: If both parties knew and expected that the monthly profit would cover what the owner demanded and leave a surplus acceptable to the worker each month—and events unfolded as expected, and, for example, the profits each month were forty thousand or more, or a little less—then there is no harm in entering into such an arrangement.
Source: Min Thimār al-ʿIlm wa al-Ḥikmah vol.2

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