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The question

Is it permissible for a broker to take a commission from both parties without their knowledge, such as agreeing with one party on a 50% profit/loss ratio and offering the other party a 40% ratio to achieve 10% for himself without their knowledge?

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

If the transaction is a brokerage, then the broker must inform them of his commission. If it is a Mudarabah (profit-sharing) and they have authorized him to give their funds to another Mudarib, then he is permitted to take the agreed-upon commission (40%) without their knowledge. The knowledge of the aforementioned person is not required in either case.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
153566
Imported
Translation status
Source text, unreviewed
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