Is there a limit on profit in sales?
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Question:
After that, we move on to this questioner’s message. He says in his question: Is it permissible to make a profit on a sold item of more than half? And is there a limit on profit in buying and selling?
Answer:
This varies; there is no limit. However, one should sell as people sell, without deceiving people. One should sell as people sell. But if one sells an item that has no price among people, and it is in demand, and sells it for a high price because they desire it, and it is in demand, then there is nothing wrong with it. But as for the thing whose price is known among people in the markets, one should not deceive people; one should sell as they do. Yes.
The presenter: May Allah reward you with good.
After that, we move on to this questioner’s message. He says in his question: Is it permissible to make a profit on a sold item of more than half? And is there a limit on profit in buying and selling?
Answer:
This varies; there is no limit. However, one should sell as people sell, without deceiving people. One should sell as people sell. But if one sells an item that has no price among people, and it is in demand, and sells it for a high price because they desire it, and it is in demand, then there is nothing wrong with it. But as for the thing whose price is known among people in the markets, one should not deceive people; one should sell as they do. Yes.
The presenter: May Allah reward you with good.
Source
binbaz.org.sa
The Arabic text is copied verbatim from the original source, without any edits.