The merchant selling the commodity at a price higher than the market rate
Machine translationRead the Arabic original
Question:
If a merchant buys a commodity at a higher price than others, is he permitted to sell it in the market at a higher price than the other market traders, without his action being considered exploitation?
Answer:
The sale should be at the market price, and one must not deceive people by charging them more than the market rate. He should follow the market and sell it as people do, unless the other party, who has the legal capacity to transact, is satisfied with the higher price, in which case there is no harm. Yes.
The presenter:
May Allah reward you,
If a merchant buys a commodity at a higher price than others, is he permitted to sell it in the market at a higher price than the other market traders, without his action being considered exploitation?
Answer:
The sale should be at the market price, and one must not deceive people by charging them more than the market rate. He should follow the market and sell it as people do, unless the other party, who has the legal capacity to transact, is satisfied with the higher price, in which case there is no harm. Yes.
The presenter:
May Allah reward you,
Source
نور على الدرب - الفوزان - 03/199 — archive.org (17:32)
The Arabic text is a machine transcription of the audio recording.