Business and Financial Transactions
- 7,213
Ruling on selling metals which are in the stores of the company that is keeping them
- 20,460
Buying a foreclosed house if it is sold at auction because the borrower is not able to pay off the riba-based loan
- 9,731
Buying zakaah items after giving them to the poor person
- 44,495
Is it permissible to sell Zamzam water?
- 6,302
If his relatives want particular types of perfume, is it permissible for him to buy them and sell them to them?
- 7,900
He wrote in the contract a price higher than that which was paid, and took it from the neighbour
- 33,355
Buying real estate through the bank
- 14,897
Selling products by instalment for the cash price through the bank
Is It Prohibited to Sell Something For Twice its Original Price?
There is no specific limit to profit according to Shari`ah. So it is permissible for the one who buys an item from you to sell it for double the price, on condition that he does not take advantage of the purchaser’s heedlessness or ignorance of prices.82,746- 7,325
It is not permissible to add more to the price in return for adding something to the goods after agreeing on the price, unless that is done with the consent and knowledge of the purchaser