The ruling on raising the price of an old item to the new price
Machine translationRead the Arabic original
The questioner:
May Allah bless you. This is a questioner from Qarn Bahriz who says in his question: Shaykh Salih, is it permissible to raise the price of an old item to the new price?
The Shaykh:
It is not permissible to lie; rather, every item is sold for what it is worth in the market. Yes.
The questioner:
But if he bought an item, Shaykh, for example, for one hundred riyals and its price went up afterwards, does he sell it at the higher price?
The Shaykh:
Yes, it is his property. Yes.
May Allah bless you. This is a questioner from Qarn Bahriz who says in his question: Shaykh Salih, is it permissible to raise the price of an old item to the new price?
The Shaykh:
It is not permissible to lie; rather, every item is sold for what it is worth in the market. Yes.
The questioner:
But if he bought an item, Shaykh, for example, for one hundred riyals and its price went up afterwards, does he sell it at the higher price?
The Shaykh:
Yes, it is his property. Yes.
Source
قناة «إذاعة القرآن الكريم»، نورعلى الدرب مع معالي الشيخ صالح الفوزان ح7515 — youtube.com (14:21)
The Arabic text is a machine transcription of the audio recording.