Buying Repossessed Goods

Q: I would like to know if one is permitted to purchase assets from an auction that only keeps bank repossessed goods.

A: It will be permissible to purchase bank repossessed goods from an auction.

And Allah Knows best

Siraj Desai (Mufti)

This answer was collected from AskMufti.co.za, which is operated under the supervision of Mufti Siraj Desai of Darul-Uloom Abubakr, South Africa.

Tags: Bank

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