Increasing the price of a commodity when one does not intend to buy it
Machine translationRead the Arabic original
Question:
He says: I used to sell and buy cars, and I used to bid up the price of a car, even though I did not want to buy it. It has become clear to me that I was wrong. What is required of me now?
Answer:
You are required to repent to Allah (Mighty and Majestic) now. This is among the practice of *najash* (bidding up the price) which the Messenger (peace and blessings be upon him) forbade. He said: because of the harm it causes to people. *Tunajush* is when a person increases the price of a commodity who does not want to buy it, but rather wants to raise it for the others. This is forbidden for you. Repent to Allah and do not return to such a thing. Yes.
He says: I used to sell and buy cars, and I used to bid up the price of a car, even though I did not want to buy it. It has become clear to me that I was wrong. What is required of me now?
Answer:
You are required to repent to Allah (Mighty and Majestic) now. This is among the practice of *najash* (bidding up the price) which the Messenger (peace and blessings be upon him) forbade. He said:
Do not engage in *najash* (bidding up the price).
لا تناجشوا
Source
قناة «العلامة الدكتور صالح الفوزان»، برنامج (فتاوى) (080) لمعالي الشيخ صالح الفوزان بتاريخ [1436-02-25] - كبار العلماء — youtube.com (36:18)
The Arabic text is a machine transcription of the audio recording.