Back to search
The question

What is the ruling on the seven hundred and fifty riyals I took for brokerage without my friend's knowledge, given his satisfaction with the agreed-upon profit?

Share this answer

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

It is not permissible to take a commission on your friend's profit without his knowledge, as it is a type of ju'ala (commission/fee for a service) and is not valid unless the payer is aware of it. Furthermore, a transaction with a known profit and a specified term is not valid unless it is conducted in a Shariah-compliant manner, such as a murabaha (cost-plus sale). As for partnership (sharika) and mudaraba (profit-sharing partnership), they are not valid if the capital or the profit is guaranteed.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
189308
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