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The question

What is the ruling on purchasing household furniture in installments due to inability to buy it in cash, and what is the ruling on collecting employees' installments and remitting them to the installment company in exchange for obtaining a percentage of the remittance?

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

If purchasing items for employees by installments is Islamically permissible, then there is no objection to you collecting the installments from them and submitting them to the installment company. If you wish to receive a commission from the company for this work, there is no objection to it, as it is a type of brokerage. However, if you wish to receive a percentage from the employees, you must agree with them on a known fee or a percentage, and this work is considered an agency for a fee.

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
92994
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