Question:
Is working in Auction business or buying from auction permissible?
Is betting Allowed in Islam?
Jazakallah Khair
Answer:
It is permissible to work in an auction business and buy items there from, as done by Nabi (S.A.W.). (Al-Hidayah, Vol. 3, Page 67)
To risk money or property against another’s on the basis of the outcome of an unpredictable event such as a race or game or in the event where the loser pays the winner a certain sum of money, etc, are two forms of betting which take the ruling of gambling, and is therefore Haraam. Allah mentions: “O you who believe! Indeed, intoxicants, and gambling, and idols, and divination by arrows are sheer filth, from the handwork of the Shaitaan, therefore abstain from it; perchance you prosper.”
(Surah Al-Ma’edah, Verse 90)
And Allah Ta’ala knows best
Ebrahim bin Zainul Abedeen Backus
Attested to as correct by:
Mufti Muhammad Ashraf
Darul Iftaa
Jameah Mahmoodiyah
Springs
10 August 2005
04 Rajab 1426