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Yasir Qadhi

Is it Permissible to Participate in Auctions Held By Banks? - Ask Shaykh YQ #243

Yasir Qadhi

Muslim Central

Society & Culture, Islam, Religion & Spirituality

4.81.3K Ratings

🗓️ 10 December 2021

⏱️ 27 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

This audio is brought to you by MuslimCentral.com

0:04.1

And today I began my Q&A with a question from

0:08.2

Sister Zainab from Mumbai, India, Mashallah to Barakallah

0:13.5

May Allah help your situation over there in that land

0:16.4

She emails and she says that sometimes

0:20.7

She participates in auctions that are done by lenders and sometimes banks

0:26.3

When they take possession of the object when the lenders are not able to pay off the loan

0:31.3

So the auction is then done. Let's say for a car. Maybe a house. Maybe a piece of land

0:36.1

And so she's asking is it permissible to participate in such auctions?

0:44.0

Wa maa

0:46.7

A'ru sallamin

0:48.9

Khabalika

0:50.9

Jala

0:51.9

Nuh

0:52.9

Hila

0:53.9

Ihim

0:54.9

Fas

0:55.9

A'ru

0:57.9

A'ru

0:58.9

A'ru

0:59.9

A'ru

1:00.9

A'ru

...

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