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I am starting a very small business with sports goods. For example, I buy a product for RS.850 from the manufacturer and sell it to my customer for RS.1350. Is it right? If its wrong what percentage of profit should I make? I am just confused and I don't want to add haram in my business.

marked as duplicate by Rebecca J. Stones, III-AK-III, Medi1Saif Mar 30 '18 at 13:18

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  • Salam and welcome to Islam SE the Q&A site about Islam. I strongly recommend you to take some time to learn more about our site and model by taking our tour and checking our help center. To your question: I don't think it is haram, as basically making profit is halal, but there might be a dispute on the validity of such a transaction. – Medi1Saif Mar 12 '18 at 10:21
  • Can you even have a business if you don't sell higher than you bought merchandise for? – The Z Mar 30 '18 at 2:34

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