Back to search
The question

Is mediation between a seller and a buyer of electronic balances for a specified commission permissible?

Share this answer

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

It is permissible to take a commission for brokerage in currency exchange if the transaction is permissible and adheres to guidelines, such as the actual taking possession (qabd) in the contract session or what substitutes it, like instant transfer. If you are buying for yourself, the mentioned conditions and guidelines must be met. After the balance is transferred to your account, it is permissible to sell it to someone else for a higher price if the currencies are different, provided actual possession (qabd) takes place. However, selling something you do not own to another person, without being an agent for the seller, is not permissible.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
97660
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy