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Question ID: 31755
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As salamu alaykum

What is the ruling regarding brokering/finding financiers for clients and earning commission off that?

Verdict on the following scenarios
1. Earning an agreed upon percentage of commission with no involvement in transaction
2. Earning a commission based on the interest rate negotiated
3. Having two partners – I get a commission for finding/brokering having no involvement in the transaction while the other is involved in the transaction.

Jazakallah

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Asked on December 19, 2016 11:45 am
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Private answer

AsalaamuAlaikum

السَّلاَمُ عَلَيْكُمْ وَرَحْمَةُاللهِ وَبَرَكَاتُهُ

1.) Permissible provided capital is not fixed.
2.) Haraam.
3.) Permissible.

وَعَلَيْكُمُ السَّلَام وَرَحْمَةُ اللَّهِ وَبَرَكَاتُهُ وَمَغْفِرَتُهُ
Was-Salaams
Mufti Elias
http://www.alislam.co.za
twitter.com/Mufti_Elias

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Answered on January 11, 2017 5:27 pm
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