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Sunan an-Nasai 4505 (Book 44, Hadith 57) #19038
Prohibiting Artificial Price Inflation

SUMMARY: The Prophet Muhammad (PBUH) forbade artificially inflating prices.

It was narrated from Ibn 'Umar that: the Prophet forbade artificially inflating prices.
أَخْبَرَنَا قُتَيْبَةُ، عَنْ مَالِكٍ، عَنْ نَافِعٍ، عَنِ ابْنِ عُمَرَ، أَنَّ النَّبِيَّ نَهَى عَنِ النَّجْشِ

TOPICS
price  *  inflation  *  prohibit  *  artificially  *  thaman  *  tasadduf  *  nahy  *  istihalah

QUICK LESSONS:
Be honest and fair when dealing with others in business transactions and do not take advantage of them by overcharging them for goods or services.

EXPLANATIONS:
This hadith is about the prohibition of artificially inflating prices. It was narrated from Ibn 'Umar that the Prophet Muhammad, peace be upon him, forbade people from increasing prices beyond their actual value for personal gain. This means that it is not permissible to raise the price of goods or services in order to make more money than what they are actually worth. This hadith teaches us that we should be honest and fair when dealing with others in business transactions and not take advantage of them by overcharging them for goods or services. We should also strive to ensure that everyone has access to basic necessities at reasonable prices so as not to cause any hardship on those who are less fortunate than us.

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