Investing

Selling Investment Properties


Ustadh Salman Younas is asked if it is permissible to sell investment properties for a living.

I wanted to know if it is permissible to work in a business that sells properties to property investors? My job is to persuade them to take up the opportunity in investing in a property, and gain earning from commission from that sale.

The permissibility of any job depends on:

  1. The specific work is in itself permitted.
  2. The primarily line of activity of the company is permitted.
  3. The majority (51 percent) of the income/profit of the company is earned/generated through licit means.

The business that you describe would in all likelihood fulfill (b) and (c). You will have to look at the nature of the work you do specifically to see if it is also permitted. Again, on the surface, the work of persuading others to invest in a property is not problematic in itself.

However, if it involves directly assisting them in formulating and finalizing interest-based loans and agreements, the work would be highly problematic. But if this is done by someone else, while you only bring them to the table and convince them to invest, your work is permitted.

Salman

Checked and approved by Shaykh Faraz Rabbani