FatwaPenangTransactions & Finance
KEDUDUKAN DAN GARIS PANDUAN JUAL BELI SECARA LELONGAN BERDASARKAN FIQH MUAMALAT
What is the position and what are the guidelines for buying and selling by auction under Islamic commercial jurisprudence?
Short answer
The Penang State Fatwa Committee, at its meeting No. 6/2022 held on 29 to 30 November 2022, took note of and agreed with a study on the position and guidelines of auction sales based on fiqh muamalat.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Penang State Mufti Department
- Date
- Status
- Fatwa committee decision
- Series
- Keputusan Fatwa Negeri Pulau Pinang (e-Fatwa)
- Topic
- Transactions & Finance
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The Penang State Fatwa Committee, at its meeting No. 6/2022 held on 29 to 30 November 2022, took note of and agreed with a study on the position and guidelines of auction sales based on fiqh muamalat. The available text of the decision does not state detailed rulings or specific conditions directly. Further details are contained in the study that was approved.
Written in our own words from the original fatwa — check the source before acting on it.
Mesyuarat mengambil maklum dan bersetuju dengan kajian Kedudukan Dan Garis Panduan Jual Beli Secara Lelongan Berdasarkan Fiqh Muamalat.
Read the full fatwa on the Penang website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Penang State Mufti Department. “KEDUDUKAN DAN GARIS PANDUAN JUAL BELI SECARA LELONGAN BERDASARKAN FIQH MUAMALAT”, 29 November 2022. http://efatwa.penang.gov.my/fatwa_details.php?fatwaid=1559. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/auction-sales-position-and-guidelines-fiqh/