The ruling on selling a commodity for a profit exceeding its purchase price
Machine translationRead the Arabic original
The questioner:
Shaykh, if a person buys a commodity for one hundred riyals and sells it for one thousand riyals, is this sale permissible or not?
The Shaykh:
Yes, if he bought it for one hundred and four, or one hundred and twenty-four, meaning prices fluctuate.
The questioner:
Yes, yes.
The Shaykh:
No, not on credit.
The questioner:
No, he bought it for cash and sold it for cash. I bought it, if Allah wills, but there is a defect in it.
The Shaykh:
If there are reasons, it could be due to market fluctuations, or greed, or need.
The questioner:
Yes. No, there is nothing wrong with it. But it is obligatory.
The presenter:
Okay.
Shaykh, if a person buys a commodity for one hundred riyals and sells it for one thousand riyals, is this sale permissible or not?
The Shaykh:
Yes, if he bought it for one hundred and four, or one hundred and twenty-four, meaning prices fluctuate.
The questioner:
Yes, yes.
The Shaykh:
No, not on credit.
The questioner:
No, he bought it for cash and sold it for cash. I bought it, if Allah wills, but there is a defect in it.
The Shaykh:
If there are reasons, it could be due to market fluctuations, or greed, or need.
The questioner:
Yes. No, there is nothing wrong with it. But it is obligatory.
The presenter:
Okay.
Source
ندوات الجامع الكبير مع الأسئلة - 66 — archive.org (24:28)
The Arabic text is a machine transcription of the audio recording.