The Limit of Profit in Buying and Selling
Machine translationRead the Arabic original
Question:
A questioner says: Honorable Shaykh, I buy and sell, but sometimes the goods are expensive for me, so I increase their price. Is there a specific limit for profit?
Answer:
There is no specific limit for profit; it follows the market, the high price, and the low price. It is not limited. It is not permissible for you to raise the price and deceive the buyer, because this is considered *najsh* (collusive bidding). If you increase the price of the goods by saying, "I bought it for such-and-such," when you did not buy it for that amount, in order to raise the price, this is among the *najsh* that the Messenger (peace and blessings be upon him) forbade. Rather, sell as people sell in the market. Yes.
A questioner says: Honorable Shaykh, I buy and sell, but sometimes the goods are expensive for me, so I increase their price. Is there a specific limit for profit?
Answer:
There is no specific limit for profit; it follows the market, the high price, and the low price. It is not limited. It is not permissible for you to raise the price and deceive the buyer, because this is considered *najsh* (collusive bidding). If you increase the price of the goods by saying, "I bought it for such-and-such," when you did not buy it for that amount, in order to raise the price, this is among the *najsh* that the Messenger (peace and blessings be upon him) forbade. Rather, sell as people sell in the market. Yes.
Source
نور على الدرب - الفوزان - 03/059 — archive.org (7:54)
The Arabic text is a machine transcription of the audio recording.