{"_id":"6af24df88c5e1551f10e3528","title":"{\"format\":\"prosemirror\",\"schemaVersion\":1,\"doc\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"attrs\":{\"quillTerminated\":true,\"direction\":null},\"content\":[{\"type\":\"text\",\"text\":\"Is it permissible to flip a coin to determine the price of a sale?\"}]}]}}","question":"{\"format\":\"prosemirror\",\"schemaVersion\":1,\"doc\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"attrs\":{\"quillTerminated\":true,\"direction\":null},\"content\":[{\"type\":\"text\",\"text\":\"If two people are negotiating a sale but cannot agree on a price, is it permissible for them to flip a coin to settle the disagreement? For example, they agree that if the coin lands on heads, the price will be $100, and if it lands on tails, the price will be $125. Is that permissible?\"}]}]}}","answer":"{\"format\":\"prosemirror\",\"schemaVersion\":1,\"doc\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"attrs\":{\"quillTerminated\":true,\"direction\":null},\"content\":[{\"type\":\"text\",\"text\":\"It depends on whether the coin toss is binding. If the parties agree that the toss decides the price and that they are bound by it, the sale is invalid. The price isn't fixed when the contract is made and depends on chance, which is gharar (excessive uncertainty). The Prophet ﷺ prohibited sales involving gharar, and this is similar to the pre-Islamic practice of bay' al-hasa, where the item or price was determined by where a thrown pebble landed (see Sahih Muslim 1513).\"},{\"type\":\"hardBreak\"}]},{\"type\":\"paragraph\",\"attrs\":{\"quillTerminated\":true,\"direction\":null},\"content\":[{\"type\":\"text\",\"text\":\"If the toss is only a way to break the deadlock, and both parties remain free to accept or reject the result, the sale is valid. The contract is concluded when both freely agree to the price, not by the toss itself. Even so, it resembles a game of chance, so it is better avoided.\"},{\"type\":\"hardBreak\"}]},{\"type\":\"paragraph\",\"attrs\":{\"quillTerminated\":true,\"direction\":null},\"content\":[{\"type\":\"text\",\"text\":\"A better approach is to split the difference, agree on a price range, or ask a neutral third party to suggest a fair price.\"},{\"type\":\"hardBreak\"}]},{\"type\":\"paragraph\",\"attrs\":{\"quillTerminated\":true,\"direction\":null},\"content\":[{\"type\":\"text\",\"text\":\"wa billahi al-tawfiq\"}]}]}}","tags":[{"_id":"68a51446a4b97312c1c84f77","tag":"Finance: Other","count":19},{"_id":"68a7d89732bdfb7cafc038ee","tag":"Finance: Gambling","count":13},{"_id":"67226868f809463c0a046b44","tag":"Business Transaction","count":6}],"createdOn":"2026-11-09T22:49:28.105Z"}