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The question

How can one differentiate between agency in buying and selling what one does not own, and what is the ruling on agency in buying and selling and taking a fee for it?

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

There is a clear distinction between agency for purchase at a known wage and a person selling what he does not own. The agent buys the commodity for the principal from its owner in exchange for a wage for his effort, not as profit from a sale. The sale here takes place between the owner of the commodity and the buyer's agent. As for a person selling what he does not own, it is forbidden. However, agency in buying and selling is permissible, whether for a wage or without one, due to the need for it.

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
173024
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