What is the Shari'ah percentage for profit from trade?
Machine translationRead the Arabic original
Question:
A questioner says: In trade, what is the Shari'ah percentage for profit? Is it according to the market, or is there a Shari'ah percentage for earnings?
Answer:
Earnings are according to the market. If the price rises because of a scarcity of goods and an increase in consumers, there is no objection to that; this is the decree of Allah (Glorified and Exalted is He). However, if the rise in the price of goods is due to the manipulation of traders and people, this is prevented, because it involves harming people and lying to them. Yes.
A questioner says: In trade, what is the Shari'ah percentage for profit? Is it according to the market, or is there a Shari'ah percentage for earnings?
Answer:
Earnings are according to the market. If the price rises because of a scarcity of goods and an increase in consumers, there is no objection to that; this is the decree of Allah (Glorified and Exalted is He). However, if the rise in the price of goods is due to the manipulation of traders and people, this is prevented, because it involves harming people and lying to them. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، ما هي النسبة الشرعية في المكسب من التجارة؟ #فتاوى الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.
