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We sold IPL tickets at a price which was double. Was it allowed?

Answered according to Hanafi Fiqh by Darulifta Deoband Waqf
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Ref. No. 1039

We sold IPL tickets at a price which was double as compared to the counter’s original price.
We purchased it about few weeks ago and sold it through an internet advertisement.We gained a huge profit.So was the profit halal or haram.


Answer:

Ref. No. 1106 Alif

In the name of Allah the most Gracious the most Merciful

The answer to your question is as follows:

Since re-selling tickets in this way (black) is against the law of the country too, it is not allowed to do so. Involving greatly in games and other useless things is avoidable.

And Allah knows best

 

Darul Ifta

Darul Uloom Waqf Deoband

This answer was collected from the official website of Darul Uloom Deoband Waqf. The institution is based in India and the answers are provided in accordance to the Hanafi Fiqh.

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