Selling a car at the auction and buying it at the final bid
Machine translationRead the Arabic original
Question:
Honorable Shaykh, a questioner says: My friend wants to sell a car, so I told him to take it to the car auction, and I will buy it for whatever price it reaches at the auction. Is this action permissible?
Answer:
Yes, there is nothing wrong with that. You can say, "I want this item. Display it to the customers for bidding, and at the final bid, I will outbid it, paying more to take it, in order to determine its value." There is nothing wrong with that, and there is no injustice to anyone and no deception of anyone. Yes.
The presenter:
May Allah reward you
Question:
Honorable Shaykh, this questioner says.
Answer:
You must add to the bid; you do not take it at the final bid, because he (peace and blessings be upon him) said:Sunan al-Bayhaqi 5:440 So if you go out of the bidding and add to it, there is no harm in buying it. Yes.
The presenter:
May Allah reward you
Honorable Shaykh, a questioner says: My friend wants to sell a car, so I told him to take it to the car auction, and I will buy it for whatever price it reaches at the auction. Is this action permissible?
Answer:
Yes, there is nothing wrong with that. You can say, "I want this item. Display it to the customers for bidding, and at the final bid, I will outbid it, paying more to take it, in order to determine its value." There is nothing wrong with that, and there is no injustice to anyone and no deception of anyone. Yes.
The presenter:
May Allah reward you
Question:
Honorable Shaykh, this questioner says.
Answer:
You must add to the bid; you do not take it at the final bid, because he (peace and blessings be upon him) said:
None of you should bid against the bid of his brother
لا يَسُومُ أَحَدُكُمْ عَلَى سَوْمِ أَخِيهِThe presenter:
May Allah reward you
Source
75-اللقاء الأسبوعي مع الشيخ صالح الفوزان - 24 — archive.org (7:27)
The Arabic text is a machine transcription of the audio recording.