Back to search
The question

Is money earned from selling a plot of land at a price higher than what the seller specified permissible or impermissible, taking into consideration that the broker's commission under local law is fixed at 3%?

Share this answer

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

If the landowner asks you to sell a meter for ten dinars, and whatever exceeds that amount is yours, then it is permissible for you to sell it for more, and the surplus is lawful for you. The law that specifies the broker's profit is irrelevant as long as there is mutual consent between you and the landowner. This is because brokerage is a transaction permissible by Islamic law, and its fee is determined by agreement and mutual consent.

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
85278
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