Yes, it does.

But if the percentage is fixed and the loss is also there, this is permissible.

What is the ruling on fixed profit in business ? is that comes under riba ?

Manners | February 11, 2014 4:37 am
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My question is in India we are living with non Muslim friend or neighbored They are greeting in eid time eid mubakar so for us it’s permissible we have greeting on there Festival if not then they are thinking we are not good neighbored or friends