Fixed Return Paid On Borrowed Amount
Let the other person become an investor in the business instead of a lender. This way you can agree to a fixed return on his investment with principal amount of investment secured and to be repaid upon investor’s demand. Please make sure that the amount of return agreed should reflect realistic returns or their average, in order to avoid unanticipated loss. This is called principal secured financing and Ghamidi Sahab considers it a permissible financial arrangement. Please see for details: Discussion 92725