Answered by Shaykh Faraz Rabbani
I have heard auctions are haram, is this true?
Assalamu Alaykum wa Rahmatullah,
Please see the following links:
Buying Cars at Auctions
How about lost and found items? RE: Buying Cars at Auctions
Online sales: are they valid?
Undercutting and Outbidding: When is it not allowed?
Wassalam
Sunni Path QA Team