Is there an upper limit on profit?

The questioner : Peace be upon you.

The Shaykh : Peace and the mercy of Allah, peace be upon you, and upon you be peace.

The questioner : May Allah welcome you, Shaykh Muhammad.

The Shaykh : May Allah greet you.

The questioner : Shaykh Muhammad, regarding profit, is there an upper limit required for profit on goods?

The Shaykh : There is no upper limit, as long as the increase is general in the market.

The questioner : As long as.

The Shaykh : The increase is general in the market; if the increase is the prevailing market rate, there is no harm.

The questioner : If a person can take an extra amount with the buyer's consent.

The Shaykh : Listen, let us mention that a man bought a good from Makkah worth one hundred and took it to al-Madinah, and if its value in al-Madinah is three hundred, there is no harm in selling it for three hundred, meaning this is the market price.

The presenter : May Allah reward you, may Allah reward you with good.

The Shaykh : He has it, but if the good is not available except with him, and then he uses it to drive up the price and sells it for a large profit, this is not permissible.

The presenter : May Allah reward you, may Allah reward you with good, if Allah wills.

The Shaykh : Do you understand the details now?

The presenter : Yes, yes, welcome, peace be upon you.

The Shaykh : Peace be upon you.