The Ruling on a Ruler Setting Prices for Merchants
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. A questioner says: If the ruler sees that prices do not suit the people, is it permissible for him to set prices and impose them on merchants out of concern for the poor?
Answer:
No, he does not intervene in prices. No, he does not intervene in prices. However, he prevents increases that are not customary, but he does not prevent customary and prevailing increases. This is a market that rises and falls, and the One who sets the price is Allah (Glorified and Exalted is He).
Honorable Shaykh, may Allah grant you success. A questioner says: If the ruler sees that prices do not suit the people, is it permissible for him to set prices and impose them on merchants out of concern for the poor?
Answer:
No, he does not intervene in prices. No, he does not intervene in prices. However, he prevents increases that are not customary, but he does not prevent customary and prevailing increases. This is a market that rises and falls, and the One who sets the price is Allah (Glorified and Exalted is He).
Source
المنتقى من أخبار سيد المرسلين 18-07-1438هـ — alfawzan.live (56:38)
The Arabic text is a machine transcription of the audio recording.