Lawful to sell gold.
Mu' meneen Brothers and Sisters,
As Salaam Aleikum wa Rahmatullahi wa Barakatuh. (May Allah's Peace, Mercy and Blessings be upon all of you)
One of our brothers/sisters has asked this question:
Assalaam alaikum warahmatullahi wabarakatuhu
I got some of gold which I was gifted at the time of my marriage by friends and relatives not husband.This is not dowry (meher).Now I cant use it since it is out of fashion and now I have decided to sell it and have something of lattest style. Someone said I cant sell it and buy another item from the same jewellery shop. Or can I sell it today and buy from the same shop after some days? Please guide me accordingly by letting me know what exactly shall I do so as not to doany mistake on this matter.
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Lawful to sell gold
In the name of Allah, We praise Him, seek His help and ask for His forgiveness. Whoever Allah guides none can misguide, and whoever He allows to fall astray, none can guide them aright. We bear witness that there is none worthy of worship but Allah Alone, and we bear witness that Muhammad (saws) is His slave-servant and the seal of His Messengers.
Respected sister, if you have some gold which belongs to you, and you wish to sell it and buy something else with its sales proceeds, to the best of our knowledge there is absolutely nothing in Shariah Law which prohibits such a transaction.
If the gold belongs to you, you are well within your rights to do with it as you will and please. You may keep it, or sell it and keep the proceeds, or use the proceeds to buy anything, anytime, and anywhere you wish and please.
Whatever written of Truth and benefit is only due to Allahs Assistance and Guidance, and whatever of error is of me alone. Allah Alone Knows Best and He is the Only Source of Strength.
Your brother and well wisher in Islam,