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Question ID: 29206
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I have heard reports that under Islamic law a person is only entitled to make a maximum of 99% profit on the sale of an article. I would like to know if this is true and if not what is the maximum profit a person is able to mark up on an item?

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Asked on December 28, 2007 12:00 am
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One may set any profit mark up. However, in Islaamic countries, basic food items will be controlled.
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Answered on December 28, 2007 12:00 am
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