Home

Main Menu

Sections

Latest Fataawa

  

Popular
The Frontpage
Is the seller obligated to sell his goods at the last offered price in an auction? PDF Print E-mail

Question 800) - Is the seller obligated to sell his goods at the last offered price in an auction?

A: No, he can choose.

~ al-Quduri ~
 
What is the ruling on auctions? PDF Print E-mail

Question 799) - What is the ruling on auctions?

A: There is no harm in it. Rasulullaah (S.A.W) auctioned a bowl and a blanket. [Abu Dawud, narrated by Anas [RADI.]

~ al-Quduri ~
 
They did not cancel the Fasid transaction. In fact, the buyer sold the goods to a third party does the new sale take effect? PDF Print E-mail

Question 797) - They did not cancel the Fasid transaction. In fact, the buyer sold the goods to a third party does the new sale take effect?

A: Yes.

~ al-Quduri ~
 
The buyer made a profit in selling the goods as above. What is the status of the profit? PDF Print E-mail

Question 798) - The buyer made a profit in selling the goods as above. What is the status of the profit?

A: The profit is not wholesome. He should give it away in charity.*

* The first seller however need not give away his profits.

~ al-Quduri ~
 
What is the ruling of a Fasid transaction? PDF Print E-mail

Question 796) - What is the ruling of a Fasid transaction?

A: If they had entered into the Fasid transaction in which there is an exchange of goods having a monetary value, and the buyer takes the goods with the consent of the seller, the buyer becomes the owner and is liable to pay the seller. However, it is wajib upon both of them to cancel the transaction in obedience to Shari'ah.

~ al-Quduri ~
 
More Articles...
«StartPrev781782783784785786787788789790NextEnd»

Page 783 of 943
 

Who's Online

We have 40 guests online