{"id":6234,"date":"2024-07-10T07:42:40","date_gmt":"2024-07-10T07:42:40","guid":{"rendered":"https:\/\/al-mawrid.org\/questions-en\/2024\/07\/10\/limits-of-profit-taking-in-business\/"},"modified":"2024-07-10T13:24:14","modified_gmt":"2024-07-10T13:24:14","slug":"limits-of-profit-taking-in-business","status":"publish","type":"post","link":"https:\/\/al-mawrid.org\/questions-en\/limits-of-profit-taking-in-business\/","title":{"rendered":"Limits Of Profit Taking In Business"},"content":{"rendered":"<h3>Question<\/h3>\n<p>Is there a  limit of profit? Suppose I have a form of unique kind of mango which is  the only one kind in the world. Can I sell them at a highest price as I  wish or I have any obligations of any percentage of total growing and  handling cost as profit? If it has cost me Rs. ten thousand and I wish  to sell them on the price of millions or whatever if I get such wealthy  buyers? What percentage I can get on the real cost?<\/p>\n<h3>Answer<\/h3>\n<p>The general principle is that you are not allowed to exploit  people by overcharging or hoarding a commodity which is a necessity of  life and you exploit their plight by overcharging them. If an item isn&#8217;t  a necessity of life and people can live without it, the market forces  of demand and supply would determine what the price should be. <\/p>\n<p> In the case of the product you have mentioned, my opinion is that you  can charge whatever price you deem fine. If the people would consider it  worthy enough, they will pay for it.; otherwise a lack of demand will  force you to lower your price.<\/p>\n<p><strong>Answered by:<\/strong> Dr. Khalid Zaheer<\/p>\n<p><strong>Date:<\/strong> 2014-12-07<\/p>\n<button class=\"simplefavorite-button\" data-postid=\"6234\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorite <i class=\"sf-icon-star-empty\"><\/i><\/button>","protected":false},"excerpt":{"rendered":"<p>Is there a  limit of profit? Suppose I have a form of unique kind of mango which is  the only one kind in the world. Can I sell them at a highest price as I  wish or I have any obligations of any percentage of total growing and  handling cost as profit? If it has cost me Rs. ten thousand and I wish  to sell them on the price of millions or whatever if I get such wealthy  buyers? What percentage I can get on the real cost?<\/p>\n","protected":false},"author":7,"featured_media":14147,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1169],"tags":[2037,1457,2035,2036],"class_list":["post-6234","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic-issues","tag-business","tag-money","tag-profit","tag-trade"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Limits Of Profit Taking In Business - Al-Mawrid Queries<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/al-mawrid.org\/questions-en\/limits-of-profit-taking-in-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Limits Of Profit Taking In Business - Al-Mawrid Queries\" \/>\n<meta property=\"og:description\" content=\"Is there a limit of profit? Suppose I have a form of unique kind of mango which is the only one kind in the world. Can I sell them at a highest price as I wish or I have any obligations of any percentage of total growing and handling cost as profit? If it has cost me Rs. ten thousand and I wish to sell them on the price of millions or whatever if I get such wealthy buyers? 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He has a Ph.D. from the University of Wales. His Ph.D. thesis was a critique on Islamic Banking. Dr Kahlid also had an intensive formal religious education in Islam. He studied Quran from Dr. Israr Ahmed, Mawlana Amin Ahsan Islahi, and Javed Ahmed Ghamdi. He also went through a formal two years course on Arabic and Islamic learning from Al-Mawrid, in 1983-84. Dr. Khalid Zaheer has a deep and incisive understanding of the very relevant issue of Islam and modernity and has taught courses on Islamic ethics, traditions and economics etc. at various top national institutions, including the Aga Khan University, Lahore University of Management Sciences (LUMS), University of Central Punjab, Hailey College of Commerce, information Technology University, and Institute of Art and Culture. Dr Khalid Zaheer has also delivered various lectures on Islam in UK, Canada, Australia, Malaysia, Japan and many prestigious institutions of Pakistan. 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What I mean\u2026","rel":"","context":"In &quot;Fundamental Principles&quot;","block_context":{"text":"Fundamental Principles","link":"https:\/\/al-mawrid.org\/questions-en\/category\/fundamental-principles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/al-mawrid.org\/questions-en\/wp-content\/uploads\/2025\/03\/Queries.png?fit=800%2C450&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/al-mawrid.org\/questions-en\/wp-content\/uploads\/2025\/03\/Queries.png?fit=800%2C450&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/al-mawrid.org\/questions-en\/wp-content\/uploads\/2025\/03\/Queries.png?fit=800%2C450&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/al-mawrid.org\/questions-en\/wp-content\/uploads\/2025\/03\/Queries.png?fit=800%2C450&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":6839,"url":"https:\/\/al-mawrid.org\/questions-en\/investment-in-the-so-called-islamic-banks\/","url_meta":{"origin":6234,"position":2},"title":"Investment In The So-called Islamic Banks","author":"Khalid Zaheer","date":"July 10, 2024","format":false,"excerpt":"I have fifty million rupees deposited in Meezan Bank for seven years. My questions to Mr Javeed Ahmed Ghamidi follow:a. Is this bank really working as per Shar\u012b\u2018ah? They do not give fixed profit and claim that they do not invest our money in un-Islamic trades. b. Do I have\u2026","rel":"","context":"In &quot;Economic Issues&quot;","block_context":{"text":"Economic Issues","link":"https:\/\/al-mawrid.org\/questions-en\/category\/economic-issues\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/al-mawrid.org\/questions-en\/wp-content\/uploads\/2025\/03\/Queries.png?fit=800%2C450&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/al-mawrid.org\/questions-en\/wp-content\/uploads\/2025\/03\/Queries.png?fit=800%2C450&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/al-mawrid.org\/questions-en\/wp-content\/uploads\/2025\/03\/Queries.png?fit=800%2C450&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/al-mawrid.org\/questions-en\/wp-content\/uploads\/2025\/03\/Queries.png?fit=800%2C450&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":6695,"url":"https:\/\/al-mawrid.org\/questions-en\/generalization-of-hijab-directives-in-surah-ahzab\/","url_meta":{"origin":6234,"position":3},"title":"Generalization Of Hijab Directives In Surah Ahzab","author":"admin","date":"July 10, 2024","format":false,"excerpt":"I have heard a scholar saying that it is not desirable that a woman should leave her home unless extremely necessity. Under normal circumstances it might sound appropriate but I wish to know does Islam prevent a woman to leave her home on habitual basis? Does the Shari\u2019ah allow a\u2026","rel":"","context":"In &quot;Morals and Morality&quot;","block_context":{"text":"Morals and Morality","link":"https:\/\/al-mawrid.org\/questions-en\/category\/morals-and-morality\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/al-mawrid.org\/questions-en\/wp-content\/uploads\/2025\/03\/Queries.png?fit=800%2C450&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/al-mawrid.org\/questions-en\/wp-content\/uploads\/2025\/03\/Queries.png?fit=800%2C450&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/al-mawrid.org\/questions-en\/wp-content\/uploads\/2025\/03\/Queries.png?fit=800%2C450&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/al-mawrid.org\/questions-en\/wp-content\/uploads\/2025\/03\/Queries.png?fit=800%2C450&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":6663,"url":"https:\/\/al-mawrid.org\/questions-en\/is-alcohol-absolutely-haram\/","url_meta":{"origin":6234,"position":4},"title":"Is Alcohol Absolutely Haram?","author":"admin","date":"July 10, 2024","format":false,"excerpt":"In one of your responses you say that there was no need for the Qur\u2019an to expressly declare alcohol haram. I understand the following verses do declare it haram. Please comment. Say: the things that my Lord hath indeed forbidden are: shameful deeds, whether open or secret; (sins) and trespasses\u2026","rel":"","context":"In &quot;Dietary Directives&quot;","block_context":{"text":"Dietary Directives","link":"https:\/\/al-mawrid.org\/questions-en\/category\/dietary-directives\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/al-mawrid.org\/questions-en\/wp-content\/uploads\/2025\/03\/Queries.png?fit=800%2C450&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/al-mawrid.org\/questions-en\/wp-content\/uploads\/2025\/03\/Queries.png?fit=800%2C450&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/al-mawrid.org\/questions-en\/wp-content\/uploads\/2025\/03\/Queries.png?fit=800%2C450&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/al-mawrid.org\/questions-en\/wp-content\/uploads\/2025\/03\/Queries.png?fit=800%2C450&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":5997,"url":"https:\/\/al-mawrid.org\/questions-en\/distribution-of-inheritance\/","url_meta":{"origin":6234,"position":5},"title":"Distribution Of Inheritance","author":"admin","date":"July 10, 2024","format":false,"excerpt":"My mother, sister and I are the only legal heirs to my father. He has left behind a house. Now, we have mutually decided to sell it. Please let me ascertain the shares of each one, if the price is Rs.20 million","rel":"","context":"In &quot;Economic Issues&quot;","block_context":{"text":"Economic Issues","link":"https:\/\/al-mawrid.org\/questions-en\/category\/economic-issues\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/al-mawrid.org\/questions-en\/wp-content\/uploads\/2025\/03\/Queries.png?fit=800%2C450&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/al-mawrid.org\/questions-en\/wp-content\/uploads\/2025\/03\/Queries.png?fit=800%2C450&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/al-mawrid.org\/questions-en\/wp-content\/uploads\/2025\/03\/Queries.png?fit=800%2C450&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/al-mawrid.org\/questions-en\/wp-content\/uploads\/2025\/03\/Queries.png?fit=800%2C450&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_shortlink":"https:\/\/wp.me\/pgh6ci-1Cy","_links":{"self":[{"href":"https:\/\/al-mawrid.org\/questions-en\/wp-json\/wp\/v2\/posts\/6234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/al-mawrid.org\/questions-en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/al-mawrid.org\/questions-en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/al-mawrid.org\/questions-en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/al-mawrid.org\/questions-en\/wp-json\/wp\/v2\/comments?post=6234"}],"version-history":[{"count":0,"href":"https:\/\/al-mawrid.org\/questions-en\/wp-json\/wp\/v2\/posts\/6234\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/al-mawrid.org\/questions-en\/wp-json\/wp\/v2\/media\/14147"}],"wp:attachment":[{"href":"https:\/\/al-mawrid.org\/questions-en\/wp-json\/wp\/v2\/media?parent=6234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/al-mawrid.org\/questions-en\/wp-json\/wp\/v2\/categories?post=6234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/al-mawrid.org\/questions-en\/wp-json\/wp\/v2\/tags?post=6234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}