What is the ruling regarding the partner responsible for purchasing selling goods to his company at market price, while he buys them at a lower price based on his connections, without the knowledge of the other partners?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible for an agent entrusted with purchasing goods for a company to buy them at a low price and then charge the company the market price, because this is a betrayal of his principals. The price difference belongs to the company, not to the agent, unless the partners explicitly authorize him to take it.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/106136
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 106136
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy