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Permissibility of Auctions

Answered as per Hanafi Fiqh by Qibla.com

Answered by Shaykh Faraz Rabbani

I have heard auctions are haram, is this true?

Answer:
In the Name of Allah, Most Gracious, Most Merciful

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

This answer was indexed from Qibla.com, which used to have a repository of Islamic Q&A answered by various scholars. The website is no longer in existence. It has now been transformed into a learning portal with paid Islamic course offering under the brand of Kiflayn.

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