Must the agent forgo a higher bid when selling at the market price?

General Chapter

Al-Mughni

Book of Agency

Book 19 · Issue 4 · Bab 1

Open in Qurani

Primary text

If the agent sells at the market price, yet an individual offers a higher price, the agent must not proceed with the market price sale. The agent has a duty of diligence (ihtiyat) to seek the best interest (hazz) for the principal.