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The question

Is the transaction you are carrying out, which consists of your uncle authorizing you to sell his merchandise and determine its final price for the customer, after which you pay him the pre-determined price of the merchandise from his database after taking the surplus, or he records it as a debt owed by you, valid? And is it permissible to sell this merchandise to the customer in installments, knowing that the merchandise in your shop is a debt you owe to your uncle?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

The transaction mentioned is valid. It means that the principal sets a price for the sale, and anything exceeding that price belongs to the agent. The agent is permitted to hand over the goods to the buyer. However, the agent is not permitted to sell the goods for a deferred payment unless the principal agrees.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
168685
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.
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Read the full answer on Ftawy