Rabb-ul-Maal (investor in a Mudhaarabah investment) renting his premises out to the Mudaarib (investment agent)
Question
Zaid enters into a Mudhaarabah agreement with Bakr. Zaid is the Rabb-ul-Maal (investor) and Bakr is the Mudhaarib (investment agent). Can Bakr hire Zaid’s premises to carry out business?
Answer
It is understood from the text of the Fuqaha (jurists) that the Mudhaarib can transact with the Rabb-ul-Maal. Ijaarah is also considered as a transaction; therefore the Rabb-ul-Maal may rent out his premises to the Mudhaarib in the queried scenario.
References (Arabic / Urdu sources)
References:- Fataawa Darul Uloom Zakariyya Pg.743 Vol.5
- Answered by
- Mufti Mohammed Desai
Fatawa SA is an independent, read-only index of fatawa already published by Darul Ifta Ibn Masood. It is not a fatwa service. For your own situation, ask the issuing Darul Ifta directly.