If I Charge For an Item More than I Purchased, is this Permitted? – Shaykh Abdul-Rahim Reasat

Answered by Shaykh Abdul-Rahim Reasat

If I Charge For an Item More than I Purchased, is this Permitted?

Shaykh Abdul-Rahim Reasat addresses whether it is permissible to sell an item for more than its purchase price. He explains the Islamic perspective on profit-making and fair trade.

Shaykh Abdul-Rahim Reasat began studying Arabic Grammar and Morphology whilst studying for a degree in English and History. After graduating, He traveled to Damascus and studied Arabic, Hanafi Fiqh, Usul al-Fiqh, Theology, and Logic with Shaykh Adnan Darwish, Shaykh ‘Abd al-Rahman Arjan al-Binsawi, Shaykh Husayn Darwish, Shaykh Muhammad Darwish, the late Shaykh Rashad Shams, and others. He then moved to Amman to continue his studies in those fields, as well as in Tafsir, Quranic Sciences, Hadith Methodology and Commentary, Prophetic Biography, Prophetic Perfections and Traits, Rhetoric, Arabic Literature, and Tajwid.