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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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The ruling on selling by auction

Machine translationRead the Arabic original
The questioner : May Allah keep you safe, Shaykh. Shaykh, I have a question about selling by auction, meaning the goods are placed before the buyers, and then each buyer bids until it settles on one of them. What is the ruling on this?

The Shaykh : Go on, is it permissible or forbidden, or what?

The questioner : Yes, is it permissible? Is it of the type of "do not sell over the sale of another"?

The Shaykh : No one denies it, and the Sunnah has come regarding it.

The questioner : Praise be to Allah.

The Shaykh : But if the seller relies on the auctioneer and wants to sell through him, then do not bid.

The questioner : I have a condition.

The Shaykh : (peace and blessings be upon him) said, "And do not bid over the bid of your brother." And as long as the auction and its owner offer it to everyone who wants to bid, there is no harm.

The questioner : Praise be to Allah.

The Shaykh : That house is one in which the tenant is currently residing. Is it not permissible for anyone to go to the owner of the house and say, “Rent it to me for the coming year for such-and-such an amount”? Unless the owner offers his house for rent, in which case there is no harm in people bidding on it.

The presenter : Praise be to Allah. May Allah reward you with good, O Shaykh.
Source قناة «فضيلة الشيخ محمد بن صالح العثيمين»، 1822- ما حكم بيع الحراج او المزايده /سؤال على الهاتف 📞 /ابن عثيمين — youtube.com (0:12)

The Arabic text is a machine transcription of the audio recording.

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