Selling Ihtikaar Goods in Islamic Economics Perspective (The Study of Wahbah Az-Zuhaili's Thoughts)

The objective of this research is to investigate the sharia economic perspective regarding the practice of the sale and distribution of commodities. This investigation employs a librarianship methodology, utilizing a descriptive framework. The dataset for this inquiry is derived from secondary sources, specifically the Kitab Fiqih Islam Wa Adillatuhu authored by Wahbah az-Zuhaili. The findings of this research indicate that Ihtikaar is deemed impermissible if it satisfies three specific criteria: first, the commodities in question are acquired through the procurement of goods that have been brought in by third parties, rather than through direct importation; second, the commodities hoarded are categorized as foodstuffs, encompassing both human and animal consumables; and third, the individual undertaking this action engages in practices that limit the ability of the community to access these commodities. Furthermore, it is mandated that the hoarded goods be sold to those in need at the original purchase price, devoid of any markup. In instances where the purchase price is indeterminate, the goods should be sold at the price prevailing at the time the owner commenced accumulation.