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The question

Is it permissible or forbidden to increase the price of an item one buys for 30 Riyals and sells to colleagues for 50 Riyals, based on their request and need?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

If you are an agent for your colleagues in purchasing a commodity, it is not permissible for you to increase its price for your own benefit, according to the Permanent Committee's statement: "It is not permissible for an agent to take anything from the principal's money except with their permission." The correct way to profit is to be an agent for a known fee, or to buy the commodity for yourself and then sell it to them for an increased price.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
179357
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy