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Ethical/Unethical Nature Of Principal-Secured Financing
in Sir Ghamidi’s view their is no problem in “in principle saved financing”, how ever Mufati Taqi Usmani in his book “Islamic Economics” quotes that “الربح على ما اصطلحوا عليه والوضيعة بقدر رأس الـمال” sharing profit and lose is indeed Islamic view of partnership and adds that the mentioned statement is قاعده فقهی jurist principle for business. my question is that ”could you please point out those jurists (فقها) that infer to the statement (Sharing only profit not loss) is also ethical.”
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