Ethica Institute of Islamic Finance™

The Extent Of Agent's Liability

Is the agent responsible for merchandise for as long as it remains in his possession before selling it?

An agent is not considered a guarantor except in cases of shortcoming or transgression. Merchandise in his possession is considered a trust.

7 Day Free Islamic Finance Course

Please enter your first name and email address to start receiving your CIFE™ lessons instantly!

We value your privacy. We will never rent, sell, or spam email addresses.

Each question is reviewed by an Islamic finance expert and approved by a scholar.

Browse one of the world's largest database of Islamic finance Q&As available online.

Press releases, live events, book recommendations, discount offers, and more