AskImamDarul Iftaa Mahmudiyyah (AskImam)

what is the maximum rate of profit (if any) that one can charge while trading.

Fatwa 6429English
Finance and Commerce

Question

Like if i buy something for 100$. what is the maximum permissible amount (told by ISLAM) i can charge while selling that thing. should i charge the same amount to poor people and the rich people. JazakAllah ho khair.

Answer

There is no profit restrictions in Shari'ah. However, it is disliked to exceed double the profit margin of the market. (Shaami)

and Allah Ta'ala Knows Best

Mufti Ebrahim Desai

Answered by
Mufti Ebrahim Desai
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