The ruling on the Worker taking a Percentage of the Profit

Question :

I have a friend who opened a small business and he recruited a worker from outside of the Kingdom (of Saudi Arabia) to work in it. He agreed with the worker on a monthly salary of 1,000 riyals and when the worker arrived in the Kingdom both parties canceled the first agreement and made a second agreement. The second agreement was that the owner of the shop would supply it products and items and everything that it would need would be specifically up to him to pay for, and the worker would work in the shop and take half of the profit. The capital wealth, meaning the shop with its items, would remain in the possession of the owner. With this, the income of the worker rose to 1,500 riyals (monthly). Is this legal Islamically?

Answer:

There is no harm in this last agreement, which is that the worker takes a designated share of the profit, like half and so forth, and the remainder is for the owner of the shop along with the original possessions and wealth.

Source:
Ash-Shaykh Ibn Baz
Fatawa Islamiyah, Vol. 3 Page 353

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