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The question

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?

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

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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Where this answer came from
Source platform
Ftawy
Original fatwa ID
173061
Imported
Translation status
Source text, unreviewed
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