working in Auction business or buying from auction permissible? beting Allowed in Islam

· 6 Rajab 1426 AH1 min readFatwa 13311English
Finance and Commerce

Question

Working in Auction business or buying from auction permissible? betting Allowed in Islam

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

Mufti Muhammad Ashraf

Answered by
Mufti Muhammad Ashraf
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