Determining Profit in Buying and Selling
Machine translationRead the Arabic original
Question:
One of the brothers wrote to us saying, "I buy and sell real estate and farms, and this is my occupation throughout the year. Did Islam specify a certain profit in buying and selling?"
Answer:
Islam has not specified a particular profit. Rather, this depends on supply and demand. However, one should be truthful in buying and selling. One should not say, "I paid such and such for it," referring to the merchandise, when he is lying, nor should he swear that he bought it for such and such when he is lying, in order to deceive the buyer. The one who sells his merchandise with false oaths is among those[Al-Baqarah 2:174]. Yes.
One of the brothers wrote to us saying, "I buy and sell real estate and farms, and this is my occupation throughout the year. Did Islam specify a certain profit in buying and selling?"
Answer:
Islam has not specified a particular profit. Rather, this depends on supply and demand. However, one should be truthful in buying and selling. One should not say, "I paid such and such for it," referring to the merchandise, when he is lying, nor should he swear that he bought it for such and such when he is lying, in order to deceive the buyer. The one who sells his merchandise with false oaths is among those
And Allah will not speak to them on the Day of Resurrection, nor will He purify them. And they will have a painful punishment.
وَلَا يُكَلِّمُهُمُ اللَّهُ يَوْمَ الْقِيَامَةِ وَلَا يُزَكِّيهِمْ وَلَهُمْ عَذَابٌ أَلِيمٌ
Source
قناة «العلامة الدكتور صالح الفوزان»، برنامج (فتاوى) (173) لمعالي الشيخ صالح الفوزان بتاريخ [1440-03-14] - كبار العلماء — youtube.com (10:57)
The Arabic text is a machine transcription of the audio recording.