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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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The ruling on selling goods at a price higher than the market rate

Machine translationRead the Arabic original
Question:
Another message arrived from a questioner for the program who did not mention his name in his message. He says: If I have goods that I have borne the costs of purchasing and shipping, and I now want to sell them, what is the maximum limit for the selling price? And is it possible to double the price or triple it? Knowing that the buyer is not compelled to buy, what is the Shaykh’s opinion on this?

Answer:
You should sell them for what they are worth in the market, and do not set a price for them that exceeds their value in the market. This is what is obligatory for you. If you add to what they are worth in the market by adding some of the expenses to it, you must clarify this to the buyer. You say: These goods are worth such-and-such in the market, but I lost such-and-such on them, and I want to recover what I lost or some of what I lost. If he is pleased with that and enters into the transaction with full knowledge, there is no harm. Yes.
Source نور على الدرب - الفوزان - 03/254 — archive.org (10:51)

The Arabic text is a machine transcription of the audio recording.

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