Fixing brokers’ commission based on performance

By |2023-03-27T09:03:20+00:00September 14th, 2020|Fatwas, Islamic banking and finance|

We are corporate stockbrokers offering an ‘execution only’ service to buy or sale shares on behalf of our clients. Our fee is fixed to X amount of money per a fixed value of shares traded e.g. £100 commission to trade £25,000 worth of shares. Sometimes, the shares can be bought/sold in one transaction, and sometimes [...]