Auctions

Nasihah (Advice): Auctioning in Islam
 
Anas Bin Maalik Radhiallahu Anhu reports that Rasoolullah Sallallahu Alaihi Wasallam sold a saddle blanket and a drinking bowl. Rasoolullah Sallallahu Alaihi Wasallam said: Who would buy this saddle blanket and drinking bowl? A man said: I will take them for a Dirham. Rasoolullah Sallallahu Alaihi Wasallam said: Who will give more than a Dirham? Who will give more than a Dirham? A man agreed to give two Dirhams, so Rasoolullah Sallallahu Alaihi Wasallam sold it to him. (Tirmidhi)
 
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Question and Answer:
 
Q. Is auctioning to purchase a home or vehicle or selling any personal item of oneself through the form of auctioning permissible in Islam?

(Question published as received)

 
 
A. The concept of auctioning is permissible in Islam.
And Allah Knows Best
 
Mufti Ismaeel Bassa
 
Confirmation:

Mufti Ebrahim Desai

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