Title: Is commercial broking halal or haram? For example: A person helps another person buy a shop worth 1 lakh in return expects 2000 rupees or 2% of the total

Question: Is commercial broking halal or haram? For example: A person helps another person buy a shop worth 1 lakh in return expects 2000 rupees or 2% of the total.

Answer ID: 35599Posted on: Aug 29, 2020

Bismillah hir-Rahman nir-Rahim !

(Fatwa: 1904/1351/L=1432) The charge of brokerage is lawful if it is already fixed. This may be fixed as per the percentage. However it is necessary for the agent that he does not tell a lie in selling or buying the goods.