Does raising prices fall under cheating in weights and measures?
Machine translationRead the Arabic original
Question:
He says: Honorable Shaykh, may Allah grant you success, does raising prices and making prices high fall under cheating in weights and measures?
Answer:
If the rise in prices is due to supply and demand, then no one is to blame for that; Allah is the One who grants success. But if the rise in prices is caused by the manipulation of merchants and the tricks of merchants, then it is invalid. The one in authority must prevent this and deter them from it, and he must compel them to sell as people sell, at the price that is fair. Yes.
He says: Honorable Shaykh, may Allah grant you success, does raising prices and making prices high fall under cheating in weights and measures?
Answer:
If the rise in prices is due to supply and demand, then no one is to blame for that; Allah is the One who grants success. But if the rise in prices is caused by the manipulation of merchants and the tricks of merchants, then it is invalid. The one in authority must prevent this and deter them from it, and he must compel them to sell as people sell, at the price that is fair. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [3749- 4717] هل رفع الأسعار يدخل في التطفيف؟ - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.