What is the ruling on participating in an auction to buy something? Is it forbidden or permissible to participate in it? If it is permissible, what are its conditions?
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brightness_autoPeace be upon you and God's mercy and blessings.
Grand Ayatollah Sayyid Khamenei and Grand Ayatollah Sayyid Sistani (may Allah protect them):
Yes, it is permissible, and its conditions are the same as those for buying and selling mentioned in the practical jurisprudence texts.
May you be successful in all good.
Source:
Grand Ayatollah Sayyid Khamenei (may Allah protect him): Special Inquiry.
Grand Ayatollah Sayyid Sistani (may Allah protect him): Official Website.