What is the ruling if the agent sells the item for less than the stipulated price?

General Chapter

Al-Mughni

Book of Leasing

Book 25 · Issue 4 · Bab 1

Open in Qurani

Primary text

The sale itself is invalid because the agent acted contrary to his mandate as an authorized representative (*wakil*). If returning the item becomes impossible, the agent is liable for the resulting deficit (loss).

Supporting text

Ahmad stated that the agent is liable for the deficit absolutely, a principle established previously under the rules of agency.