Working in interest related companies organizations : brokering deals that use interest

Fatawa Question

Dr. Kahf, May Allah bless you abundantly. I am helping facilitate an oil deal, bringing together buyers and financiers. In my latest arrangement, the buyer and financier have opted to deal in the basis of interest financing. I am being offered an equity share in each deal, but I feel this is not acceptable since I am Muslim. But can I take a commission for facilitating their meeting to undertake business ? I shall be trying to see if I can get the deal done on profit sharing basis. Your thoughts on this would be much appreciated. Ma'a Salaam Amadu

Fatwa

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Publication Date

2009-11-26

Main Subjects

Economics & Business Administration
Islamic Studies

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-731231

American Psychological Association (APA)

Qahf, Mundhir. 2009-11-26. Working in interest related companies organizations : brokering deals that use interest. .
https://search.emarefa.net/detail/BIM-731231

Modern Language Association (MLA)

Qahf, Mundhir. Working in interest related companies organizations : brokering deals that use interest. 2009-11-26.
https://search.emarefa.net/detail/BIM-731231

American Medical Association (AMA)

Qahf, Mundhir. 2009-11-26. Working in interest related companies organizations : brokering deals that use interest.
https://search.emarefa.net/detail/BIM-731231