Fatwa #642916 August 2002United States of America

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

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

#19833I will be buying one currency on spot rate with my money (nothing from brokers) and wait for the right time to sell it off on a spot rate and that is the profit I make, is this Halal or not? (No interest element involved in it, in this transaction I can gain or lose).
#19825"Islamic" Investment Banking, buying and selling.
#40132What is the ruling of investing on the Stock Market, trading with forex, investing in crypto-currency and the concept of “stop loss” and take profit?
#17534Is this trading legal in Islam? It is the process through online trading.
#42463Is it permissible to sell covered call options on stocks to make a fixed profit?
#45422Is it permissible to use leverage to trade?
#47366Is day trading permissible?
#46765Would it be halal to earn profit from this website using the Islamic account?

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