IslamQA

How much profit can a person make?

Answered according to Hanafi Fiqh by TheMufti.com

Q. If I buy an item for R99, can I resell it for R300 thus making 200 % profit? What is the allowed percentage of profit to be made on a product?


A. There are no restrictions in Shariah in earning profit. A seller may earn profit by selling his item at any price as long as the buyer agrees.

However, when marking a price, the seller should consider the well-being of the buyer and should not be driven by greed only.

Allah Ta’ala Knows Best

Mufti Ismaeel Bassa

This answer was collected from TheMufti.com, which is a fatwa portal managed by Mufti Ismaeel Bassa from South Africa.

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