Is buying and storing corn seeds to sell them at a higher price during planting season considered monopolizing, and is it true that the maximum profit margin in Islam is 30%?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The forbidden monopoly (احتکار) is to buy a commodity when there is a dire need for it and its price is high, and then to hold onto it, waiting for its price to increase further. However, there is no harm in a merchant buying a commodity when it is cheap to sell it later when its price rises. To determine the permissible profit margin, please refer to no. 48187.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/56795
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- Original fatwa ID
- 56795
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- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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- Read the full answer on Ftawy