Monday, May 27, 2024
No menu items!

Selling gold

Fatwaa ID: 1407

Assalamualaykum Mufti Saab, pray you are well insha’Allah. When selling worn gold at the Jewellers if the jeweller mentions that he will sell it as it is because it looks good/new will it be permissable to sell it to them. In this case I’m presuming they will sell it as new although it’s been worn lightly.

JazakAllahu khair

In the Name of Allaah, the Most Gracious, the Most Merciful.
As-salaamu ‘alaykum wa-rahmatullaahi wa-barakaatuh.

You may sell your gold to whoever you want for whatever price you mutually agree on. You are not responsible for what the buyer does after purchasing the gold from you. He is responsible for his own actions. If he lies and deceives when selling the gold to another person, he will be accountable for that, not you.

And Allaah Ta’aala knows best.
Mufti Muajul I. Chowdhury
Darul Iftaa New York

12/16/1444 AH – 07/04/2023 CE | AML3-3494

وصل اللهم وسلم وبارك على سيدنا محمد وعلى ءاله وصحبه أجمعين


Darul Iftaa New York answers questions on issues pertaining to Shari’ah. These questions and answers are placed for public view on for educational purposes. The rulings given here are based on the questions posed and should be read in conjunction with the questions. Many answers are unique to a particular scenario and cannot be taken as a basis to establish a ruling in another situation. 

Darul Iftaa New York bears no responsibility with regard to its answers being used out of their intended contexts, nor with regard to any loss or damage that may be caused by acting on its answers or not doing so.

References and links to other websites should not be taken as an endorsement of all contents of those websites. 

Answers may not be used as evidence in any court of law without prior written consent of Darul Iftaa New York.