Some merchants and workshop owners exaggerate their profits by 100% and sometimes 200%; are their profits lawful?
Machine translationRead the Arabic original
Question:
He says: Honorable Shaykh, may Allah grant you success. The questioner says: Some merchants and workshop owners exaggerate in their… merchants. Some merchants and workshop owners, yes, they exaggerate in their profits by 100% and sometimes 200%. For example, may Allah preserve you, he says: car merchants or car glass. If one of these merchants sells car glass and its price is 1800, he asks for 4000. His question is: Is this lawful? And does this act fall under the category of consuming people’s wealth unjustly?
Answer:
He sells as people sell. The lawful thing is that he sells as people sell and does not increase beyond that. If he increases beyond that, he is prevented. It is obligatory for the one in authority to prevent them from these exorbitant increases that go beyond the price. Yes.
He says: Honorable Shaykh, may Allah grant you success. The questioner says: Some merchants and workshop owners exaggerate in their… merchants. Some merchants and workshop owners, yes, they exaggerate in their profits by 100% and sometimes 200%. For example, may Allah preserve you, he says: car merchants or car glass. If one of these merchants sells car glass and its price is 1800, he asks for 4000. His question is: Is this lawful? And does this act fall under the category of consuming people’s wealth unjustly?
Answer:
He sells as people sell. The lawful thing is that he sells as people sell and does not increase beyond that. If he increases beyond that, he is prevented. It is obligatory for the one in authority to prevent them from these exorbitant increases that go beyond the price. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [489 -521] بعض التجار وأصحاب الورش يُبالغون في مكاسبهم بنسبة 100% وربما 200% فهل مكاسبهم حلال؟ — youtube.com
The Arabic text is a machine transcription of the audio recording.