Authored by: Dr. Muhammad Zia-ur-Rahman Azmi (رحمہ اللہ)
"Whoever deceives us is not one of us."
– [Sahih Muslim, 102/164]
"If there is no deception, and the seller clarifies the item's condition and pricing, the transaction is permissible, as the buyer is fully informed and consents knowingly."
– [Noor Ala Al-Darb, 14/235]
Allah knows best.
Ruling on Selling Lightly Used Gold at Current Market Price
The sale of lightly used gold at the current market price is permissible under certain conditions. If the sale involves deception on the part of the seller, it becomes haram (forbidden), as the Prophet Muhammad (ﷺ) said:"Whoever deceives us is not one of us."
– [Sahih Muslim, 102/164]
Conditions for Permissibility
- Transparency in the Sale:
- If the seller informs the buyer that the gold is lightly used and explains that the price being charged is based on the market rate for new gold, then the transaction is permissible.
- This ensures the buyer is fully aware of the condition of the item and enters the transaction with clear knowledge and consent.
- Mutual Agreement:
- The buyer must agree willingly and without coercion to purchase the lightly used gold at the price set by the seller.
Ruling from Islamic Scholars
Shaykh Ibn Uthaymeen (رحمہ اللہ) stated:"If there is no deception, and the seller clarifies the item's condition and pricing, the transaction is permissible, as the buyer is fully informed and consents knowingly."
– [Noor Ala Al-Darb, 14/235]
Conclusion
Selling lightly used gold at the price of new gold is permissible if the seller is transparent about its condition and pricing, and the buyer consents without deception. However, any form of deceit renders the transaction impermissible in Islam.Allah knows best.
