The Ruling on Profit in Buying and Selling
Machine translationRead the Arabic original
Question:
This is a message received from a questioner for the program. He says: Shaykh, if I buy a commodity for my shop, is it permissible for me to make double or double the profit on it? Is there a limit, and is there a specific profit in buying and selling?
Answer:
It is not permissible for you to deceive the buyer, to trick him, and to increase the price by an exorbitant amount. If the increase is in accordance with the market price, there is nothing wrong with it; you sell it as the commodity is sold in the market. But if the increase is the result of deception and trickery, then it is not permissible, because this is a form of fraud and of consuming people’s wealth unjustly. Yes.
The presenter:
May Allah reward you with good,
This is a message received from a questioner for the program. He says: Shaykh, if I buy a commodity for my shop, is it permissible for me to make double or double the profit on it? Is there a limit, and is there a specific profit in buying and selling?
Answer:
It is not permissible for you to deceive the buyer, to trick him, and to increase the price by an exorbitant amount. If the increase is in accordance with the market price, there is nothing wrong with it; you sell it as the commodity is sold in the market. But if the increase is the result of deception and trickery, then it is not permissible, because this is a form of fraud and of consuming people’s wealth unjustly. Yes.
The presenter:
May Allah reward you with good,
Source
نور على الدرب - الفوزان - 03/266 — archive.org (8:28)
The Arabic text is a machine transcription of the audio recording.