The limit of profit in trade
Machine translationRead the Arabic original
Question:
Abu Hamid from Hofar al-Batin, please, my brother Abu Hamid. Peace be upon you. And upon you be peace. May Allah keep you safe. Please, peace be upon you, may Allah keep you safe. I would like to ask about the permissible profit on the price of a commodity when I buy it. I mean, if I buy it for fifty riyals, what is the permissible profit for me? May Allah reward you with good.
Answer:
The permissible profit has no limit; rather, this depends on the price and the cheapness of the price. So it is supply and demand, as they say. As for an artificial price increase that is a lie told to people, that is not permissible. But if the price rises due to the high cost of goods in the markets and their scarcity, and a person has no intervention in that, then there is no harm in it and no limit to it. However, it is recommended for the Muslim to be lenient with the buyer and not to burden him. Yes.
Abu Hamid from Hofar al-Batin, please, my brother Abu Hamid. Peace be upon you. And upon you be peace. May Allah keep you safe. Please, peace be upon you, may Allah keep you safe. I would like to ask about the permissible profit on the price of a commodity when I buy it. I mean, if I buy it for fifty riyals, what is the permissible profit for me? May Allah reward you with good.
Answer:
The permissible profit has no limit; rather, this depends on the price and the cheapness of the price. So it is supply and demand, as they say. As for an artificial price increase that is a lie told to people, that is not permissible. But if the price rises due to the high cost of goods in the markets and their scarcity, and a person has no intervention in that, then there is no harm in it and no limit to it. However, it is recommended for the Muslim to be lenient with the buyer and not to burden him. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، حد الربح في التجارة - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.
