Back to search
The question

What is the ruling on increasing the price of a commodity one does not wish to buy?

Share this answer

Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

The act of someone increasing the price of a commodity without intending to buy it is forbidden (), because it involves deception and defrauding the buyer. This is the forbidden najsh (bid-rigging or artificial bidding), and the Prophet's prohibition of it is a prohibition of حرمة (harāmah - unlawfulness/sanctity). If najsh is proven and there is an uncustomary overcharge, the buyer has the option to either annul the sale or uphold it.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
17959
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy