The Majlis Archive
Finance - Banking - Business The Majlis Vol 26 No 10, p.8

Is „freezing‟ the auction permissible?

Question

Is „freezing‟ the auction permissible? Is it permissible to prevent people from bidding? Are false bids by the workers of the company permissible?

Answer

The act of ‗freezing' the auction, preventing others from bidding is HARAAM. It is not permissible to buy anything in this manner. The false bids by workers of the company are also not permissible. The deception and dishonesty are evil and major sins.

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The Majlis Vol 26 No 10
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8

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Appears under LONG HAIR?. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.

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