{"id":2159,"date":"2019-10-16T10:23:03","date_gmt":"2019-10-16T08:23:03","guid":{"rendered":"http:\/\/themufti.com\/?p=2159"},"modified":"2019-11-07T14:10:39","modified_gmt":"2019-11-07T12:10:39","slug":"2159","status":"publish","type":"post","link":"https:\/\/themufti.com\/?p=2159","title":{"rendered":"Hoarding an item and selling it at a higher price later on"},"content":{"rendered":"<h4><strong>Hoarding an item and selling it at a higher price later on<\/strong><\/h4>\n<hr \/>\n<p><strong>Q. Is it permissible to purchase an item and hoard it with a motive of selling it later on at a higher price to maximize on profit? <\/strong><\/p>\n<p><strong>A.<\/strong> To purchase an item which is a basic need and hoard it with the intention of reselling it at a higher price is called <em>Idhtikhaar<\/em>. To do so is a sin. Rasulullah Sallallahu Alahi Wasallam said:<\/p>\n<p style=\"text-align: center;\"><strong>\u0645\u0646\u0650 \u0627\u062d\u0652\u062a\u064e\u0643\u064e\u0631\u064e \u0641\u064e\u0647\u064f\u0648\u064e \u062e\u064e\u0627\u0637\u0650\u0626\u064c<\/strong><\/p>\n<p style=\"text-align: center;\"><em>He who hoards has sinned <strong>(Muslim)<\/strong><\/em><\/p>\n<p>The reason for this prohibition is because by hoarding ones wealth when there is a need for it, is simply causing harm to humanity which is against the temperament of Shariah. This prohibition is only when there is a need for such wealth in the market place. In the absence of such need, this prohibition will not apply. <strong>(Shaami)<\/strong><\/p>\n<p><strong>Allah Ta\u2019ala Knows Best<\/strong><\/p>\n<p><strong>Mufti Ismaeel Bassa<\/strong><\/p>\n<p><strong>themufti.com<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hoarding an item and selling it at a higher price later on Q. Is it permissible to purchase an item and hoard it with a motive<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[],"class_list":["post-2159","post","type-post","status-publish","format-standard","hentry","category-trade"],"_links":{"self":[{"href":"https:\/\/themufti.com\/index.php?rest_route=\/wp\/v2\/posts\/2159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/themufti.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/themufti.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/themufti.com\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/themufti.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2159"}],"version-history":[{"count":2,"href":"https:\/\/themufti.com\/index.php?rest_route=\/wp\/v2\/posts\/2159\/revisions"}],"predecessor-version":[{"id":2342,"href":"https:\/\/themufti.com\/index.php?rest_route=\/wp\/v2\/posts\/2159\/revisions\/2342"}],"wp:attachment":[{"href":"https:\/\/themufti.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/themufti.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/themufti.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}