Back to search
The question

Is price gouging considered forbidden (haram) in this situation, and is buying from merchants who do so forbidden?

Share this answer

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

A merchant selling below the set price depends on their status:

1. If they are an agent for the company: They are obligated to sell at the authorized price, and if they sell for less, they are liable for the difference. 2. If they have purchased the goods from the company: The company's condition that they adhere to a specific price is void, as it contradicts the essence of a sales contract. The contract itself remains valid, and the merchant has the right to sell the goods at whatever price they wish, and dealing with them is permissible.

This is unless the government obligates merchants to a specific price for a public interest, in which case adherence to that price becomes mandatory.

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
163092
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy