Categories
Answers: 248Business and Financial Transactions
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
- 16,162
Can he rent the traditional set of jewellery and then return it to the jeweller in order to get married?
- 48,453
What conditions should be met in order for the bank’s purchase scheme (muraabahah) to be considered permissible
- 6,605
Giving up his place on the property investment waiting list in return for a sum of money
- 6,589
What is the fee when a sale is made?
- 33,049
Taking a sample of clothing from a store and making something similar with the intention of selling it
- 5,600
Is it permissible to buy a company on condition that one pay off its debts?
- 7,239
He bought an apartment on the basis that it would be a certain area (square footage), and it was built larger. Does he have to pay the difference?
- 12,399
He stipulates an additional cost for purchase by installments, separate from the price
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