Fatwa #190444 October 2010Bangladesh
As alamualikum. I am working in a buying house. Based on the price of accessories we quoted a rate for a item to the buyer but once the the buyer placed the order
Question
As alamualikum. I am working in a buying house. Based on the price of accessories we quoted a rate for a item to the buyer but once the the buyer placed the order the price of accessories decreased little bit. Now my company is enjoining the profit due to the decreasing of the accessories price. Supplier also offering me individually a portion from this profit or the money which occurring from the accessories price discount. Pls let me know whether this money will be halal or haram for me.
Answer
In the name of Allāh, Most Gracious, Most Merciful
Assalāmu ῾alaykum wa Rahmatullāhi Wabarakātuh
If your company has quoted a customer an inflated price for certain goods/accessories, thereafter the cost of the items decrease, it will be permissible for your company to sell the items to the customer at the price initially agreed upon without disclosing the fact that they have received the goods/accessories for cheaper. The profit acquired will be Halaal.
In order for us to comment on the money receivable from the supplier, kindly clarify in what context are they offering you a portion of the profit they making?
And Allāh Ta῾āla Knows Best
Ml. Rayhaan Docrat,
Student Dārul Iftāa
Checked and Approved by:
Mufti Ebrahim Desai
(2010-10-04)