What is the ruling on paying three million Kenyan Shillings to a real estate broker in exchange for receiving four million Kenyan Shillings (10% of the property's value) upon its sale?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Given that the property owner will pay the initial investment amount, this falls under the ruling of a secured loan. If the agreed-upon profit is in exchange for providing this secured amount, then this contract is impermissible, because it is a loan that draws benefit, which is usury (riba).
Summarized from the full answer at Ftawy · imported
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- 173061
- Imported
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