Is it permissible to enter into partnership using precious metals (dirhams and dinars) as capital?

General Chapter

Al-Mughni

Book of Partnership

Book 18 · Issue 2 · Bab 1

Open in Qurani

Primary text

It is permissible without dispute to designate dirhams and dinars as capital stock because they are the recognized values and prices of goods. This practice has been universally accepted from the time of the Prophet (peace be upon him) until the present.