Is there a specific limit on the profit in the sale of any commodity?
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Question:
This is a letter in which the questioner asks about profit and whether there is a specific upper limit on the profit in the sale of any commodity? Or is it permissible for the seller to sell his commodity at any price, regardless of whether the profit is large or small? Please inform us, may Allah reward you with good.
Answer:
The profit that is subject to the market, as it is equal in the market, and this profit is the result of high prices or because it is deferred, since deferred sale differs from immediate sale. If the profit has a permissible cause, such as the high price of the commodity in the markets or because the sale is deferred, then there is no harm in that. However, if the profit is due to a fabricated cause, or due to deception, or lying, then this is not permissible. The outcome is that there is a distinction regarding profit: if it is due to a permissible cause, it is permissible; and if it is due to a forbidden cause, such as lying, deception, fraud, and the like, then it is forbidden. Yes. May Allah bless you.
This is a letter in which the questioner asks about profit and whether there is a specific upper limit on the profit in the sale of any commodity? Or is it permissible for the seller to sell his commodity at any price, regardless of whether the profit is large or small? Please inform us, may Allah reward you with good.
Answer:
The profit that is subject to the market, as it is equal in the market, and this profit is the result of high prices or because it is deferred, since deferred sale differs from immediate sale. If the profit has a permissible cause, such as the high price of the commodity in the markets or because the sale is deferred, then there is no harm in that. However, if the profit is due to a fabricated cause, or due to deception, or lying, then this is not permissible. The outcome is that there is a distinction regarding profit: if it is due to a permissible cause, it is permissible; and if it is due to a forbidden cause, such as lying, deception, fraud, and the like, then it is forbidden. Yes. May Allah bless you.
Source
قناة «العلامة الدكتور صالح الفوزان»، هل هناك حد معين للربح في بيع أي سلعة؟ الشيخ صالح بن فوزان الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.
