• Transactions & Dealings >> Business

    Question ID: 24554Country: India

    Title: If some want to sell his/her land/home etc there is a two prices one the government prices and other is market prices so plz tell in this situation what I have to do according to Islamic law?

    Question: Assala-o-alaikum If some want to sell his/her land/home etc there is a two prices one the government prices and other is market prices so plz tell in this situation what I have to do according to Islamic law

    Answer ID: 24554

    Bismillah hir-Rahman nir-Rahim !

    (Fatwa: 1218/1218/M=1431)

     

    Man is independent to sell the things (land, house etc) he owns. He can sell it on whatever price he wishes. There is no rate fixed by Shariah. However, it is against mercy and honour to earn excessive profit to an extent that considered misappropriation (open deception). One also should avoid from violating the law.

    Allah (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India