The Amount of Profit in Imported Goods
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. A questioner says: Is there a permissible limit on profit? Some goods come from abroad for very low prices, then they are sold for very high and exorbitant amounts. Is this a trick to engage in riba (usury or interest)?
Answer:
Yes, it is not riba, but this is lying. This is lying, and it is taking people’s money unjustly. So a good should not be sold except at the market price. The market is what determines the price at the market price. Yes.
Honorable Shaykh, may Allah grant you success. A questioner says: Is there a permissible limit on profit? Some goods come from abroad for very low prices, then they are sold for very high and exorbitant amounts. Is this a trick to engage in riba (usury or interest)?
Answer:
Yes, it is not riba, but this is lying. This is lying, and it is taking people’s money unjustly. So a good should not be sold except at the market price. The market is what determines the price at the market price. Yes.
Source
شرح إغاثة اللهفان من مصائد الشيطان لابن القيم، فصل وقد أخبر - صلى لله عليه وسلم - أن طائفة من أمته تستحل الربا باسم البيع — islamhouse.com (50:18)
The Arabic text is a machine transcription of the audio recording.