Auction Business
Question
I have investment with my cousin brother. Who do auction business And he give me fixed profit every three month or six month And i have seen him buying old car for that. It is halal pls reply salam
Answer
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
Your query is not clear. In order for us issue a ruling we require more details on your investment and partnership. You may forward your contract and details to admin@daruliftaa.net.
And Allah Ta’āla Knows Best
Ismail Dawoodjee
Student Darul Iftaa
Zambia
Checked and Approved by,
Mufti Ebrahim Desai.
www.daruliftaa.net
- Answered by
- Ismail Dawoodjee
- Checked & approved by
- Mufti Ebrahim Desai
Fatawa SA is an independent, read-only index of fatawa already published by Darul Iftaa Mahmudiyyah (AskImam). It is not a fatwa service. For your own situation, ask the issuing Darul Ifta directly.