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FatwaFederal TerritoriesTransactions & Finance

AL-KAFI #306 : HUKUM MENJUAL BARANG MODAL DENGAN HARGA YANG LEBIH TINGGI

Is it permissible to sell goods at a higher price than the purchase price in order to make a profit?

Short answer

Buying goods at a lower price and reselling them at a higher price to earn profit is not an injustice, since this is the very definition of trade (tijarah).

Federal TerritoriesOpinion (irsyad)

A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.

Authority
Federal Territories Mufti Office
Date
Status
Opinion (irsyad)
Series
Al-Kafi li al-Fatawi
Topic
Transactions & Finance

No evidence of gazettement in the source — this is not a gazetted fatwa.

Summary

Buying goods at a lower price and reselling them at a higher price to earn profit is not an injustice, since this is the very definition of trade (tijarah). Such trade is permissible without being disliked, based on Surah al-Nisa verse 29 on commerce by mutual consent. Profit earned through effort from lawful sources and by lawful means is lawful provision that is blessed.

Written in our own words from the original fatwa — check the source before acting on it.

Membeli barang modal dengan harga yang lebih murah daripada harga jualan untuk mendapatkan untung bukanlah satu bentuk kezaliman bahkan itulah takrif bagi bagi tijarah atau jual beli:

Excerpt from the original fatwa · Federal Territories

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How to cite

Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.

Federal Territories Mufti Office. “AL-KAFI #306 : HUKUM MENJUAL BARANG MODAL DENGAN HARGA YANG LEBIH TINGGI”, 28 June 2016. https://muftiwp.gov.my/ms/artikel/al-kafi-li-al-fatawi/1189-al-kafi-306-hukum-menjual-barang-modal-dengan-harga-yang-lebih-tinggi. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/selling-goods-at-higher-price-ruling/

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Evidence cited

Quran verses

  • An-Nisa' 4:4