Transactions & Dealings >> Other Transactions
Question ID: 3180Country: India
Answer ID: 3180Posted on: Sep 1, 2020
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 635/631=M)
Hoarding of grain in order to sell it in future when prices are high is not right if the citizens are affected by this hoarding: کما فی الدر المختار و غیرہ من کتب الفقہ But, if the citizens feel no problem as this is the case today then hoarding is allowed provided there is no other reason that makes it unlawful.
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India
Is the lottery system jayaz (allowed /reasonable) in islam..For example, a person says to a group of 10 people that you submit 500 rupees pe rmonth to me and at the end of every month , he will raise a bid (I mean boli lgayega), and the person who speaks the lowest bid /rate then he can collect the total amont of lottery?
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