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Ahadith on Monopolies

The Prophet Muhammad (Peace of Allah be upon Him) Said:
  • Monopoly is unlawful in Islam.
  • The holder of a monopoly is a sinner and an offender.
  • The bringers of grain to the city to sell at a cheap rate gain immense advantage by it, and those who keeps back grain in order to sell at a high rate is cursed.
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