Sayyed Mohammad Al-Musawi, Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to... Answered 1 year ago
Fixed profit makes the deal a sort of interest which is unlawful in Islam. Many of our scholars say that it is permissible for a Muslim to receive interest given by non Muslim which lawful according to them.
Wassalam.