Ruling on the seller waiving part of the price for the one entrusted with the sale
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What is the ruling on this sale: A man gave a commodity to another man and said: "Bring me this commodity for such-and-such an amount—such-and-such an estimated amount—and whatever is more is yours." What is the ruling on this sale?
There is nothing wrong with this.Meaning: There is no harm in a person appointing someone to sell a commodity for him.He says: Sell it for one hundred, and whatever is more is yours.
But if the agent knows that the value has increased, and that the estimation of the price by the owner of the commodity was based on a previous price, a previous value, he must alert him.And he says: That things have increased in value, and that they are now worth two hundred; that is their value in the market.If he informs him of the reality and says: Sell it for two hundred, and whatever is more is yours, or sell it for one hundred, and whatever is more is yours; there is nothing wrong with that. Sometimes a person is ignorant of the price and thinks that this commodity is not worth more than one hundred.Or if he increases it slightly, he says to his agent: Take it, sell it for one hundred, and whatever is more is yours. This is permissible. But, as I said, if the price has increased, he must alert the owner of the commodity.And he says: That the price has increased.When he says: I have no objection. May Allah provide for you. Whatever is more is yours. In that case, there is nothing wrong with it.
I would like the questions to be about the celebration of the Mawlid; because some of you know more about it in your countries than I do. If you have no questions, there is nothing wrong with the second set of questions, but this is an important and sensitive topic that we should—I mean: The issue of the Mawlid—we need to know the conditions of people regarding it and apply the Shari'ah to it.
There is nothing wrong with this.Meaning: There is no harm in a person appointing someone to sell a commodity for him.He says: Sell it for one hundred, and whatever is more is yours.
But if the agent knows that the value has increased, and that the estimation of the price by the owner of the commodity was based on a previous price, a previous value, he must alert him.And he says: That things have increased in value, and that they are now worth two hundred; that is their value in the market.If he informs him of the reality and says: Sell it for two hundred, and whatever is more is yours, or sell it for one hundred, and whatever is more is yours; there is nothing wrong with that. Sometimes a person is ignorant of the price and thinks that this commodity is not worth more than one hundred.Or if he increases it slightly, he says to his agent: Take it, sell it for one hundred, and whatever is more is yours. This is permissible. But, as I said, if the price has increased, he must alert the owner of the commodity.And he says: That the price has increased.When he says: I have no objection. May Allah provide for you. Whatever is more is yours. In that case, there is nothing wrong with it.
I would like the questions to be about the celebration of the Mawlid; because some of you know more about it in your countries than I do. If you have no questions, there is nothing wrong with the second set of questions, but this is an important and sensitive topic that we should—I mean: The issue of the Mawlid—we need to know the conditions of people regarding it and apply the Shari'ah to it.