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Estate agent charging a commission

Answered according to Hanafi Fiqh by Muftionline.co.za

Q: My question is I am working as a real estate agent. Whenever a deal is done, we take a 2% of amount from from both the sides i.e from the buyers as well as from the owner. Is this acceptable in Islam. What does the Shari’ah say about this?

Bismillaah

A: It is permissible.

And Allah Ta’ala (الله تعالى) knows best.

 

Answered by:

Mufti Zakaria Makada

Checked & Approved:

Mufti Ebrahim Salejee (Isipingo Beach)

This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

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