Back to search
The question

What is the ruling on collecting debts between the seller and the buyer for a certain percentage, and is it permissible to impose another percentage on the debtor for expenses?

Share this answer

Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

It is permissible to work in debt collection for a known sum or a percentage of the collected amount, provided that the debts are not usurious, and that both parties agree upon the fee amount and the time of its payment. The procrastinating debtor bears the costs incurred by the creditor to collect the debt, but the insolvent debtor is not obligated to pay anything. It is not permissible for the collector to take fees from the debtor, unless the creditor imposes the collection fee on the debtor. Lawyers are not permitted to exploit checks or debt instruments to unlawfully take money from the debtor.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
20144
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy