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The question

Is subscribing to an auction website that deducts one point ($1) for every bid, and in which the winner is the one who submits the lowest unique bid, permissible or forbidden?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

What has been mentioned is not the religiously permissible auction sale. Rather, it is akin to gambling, or it is gambling itself, because the participant expends his money in the hope of acquiring the item for the lowest price, while he does not know how much others are paying. Instead, he enters into an auction based on (excessive uncertainty), and for this reason, the aforementioned transaction is religiously forbidden.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
117397
Imported
Translation status
Source text, unreviewed
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