The Ruling on Hoarding Livestock Feed
Machine translationRead the Arabic original
Question:
He says: Honorable Shaykh, may Allah grant you success. A person who trades in livestock feed buys it at harvest time and stores it in a warehouse. When the price rises after a period, he takes it out and sells it. Is this permissible from the Shari'ah perspective?
Answer:
Hoarding is accumulating essential items. As for non-essential items, there is no hoarding. There is no hoarding in non-essential items. But as for essential items like food, clothing, and drinks, if one hoards them while people are in need of them, that is the cursed hoarding that is forbidden to do.
He says: Honorable Shaykh, may Allah grant you success. A person who trades in livestock feed buys it at harvest time and stores it in a warehouse. When the price rises after a period, he takes it out and sells it. Is this permissible from the Shari'ah perspective?
Answer:
Hoarding is accumulating essential items. As for non-essential items, there is no hoarding. There is no hoarding in non-essential items. But as for essential items like food, clothing, and drinks, if one hoards them while people are in need of them, that is the cursed hoarding that is forbidden to do.
Source
قناة «العلامة الدكتور صالح الفوزان»، ما حكم من يتاجر في أعلاف الماشية، فيشتري عند الحصاد، ثم يخزِّن في المستودع، فإذا ارتفع السعر بعد... — youtube.com
The Arabic text is a machine transcription of the audio recording.