Home » Hanafi Fiqh » Muftionline.co.za » Seller purchasing back the sale item at a higher price
Q: Is it permissible to run a business buying and selling furniture, gold and silver but, in most cases, an option is given to the seller to buy back the item sold at any time, if still in stock, but at a higher price?
A: To buy back is permissible, but to get into an agreement of buying back is impermissible.
And Allah Ta’ala (الله تعالى) knows best.
Answered by:
Mufti Ebrahim Salejee (Isipingo Beach)
This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.
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