Hoarding (ihtikar)

الاحتكار

Al-Maraghi defines hoarding as withholding goods to reduce supply and raise prices (p. 34). He calls its modern form the black market and describes the hoarder as a diseased limb of the community (p. 34). He cites the hadith 'whoever hoards is a sinner' and notes that some hadith wordings in the chapter are weak (p. 34). The ruler may compel a hoarder to sell in necessity, after Ibn Hajar al-Haytami (p. 36). The ban extends beyond food to medicine, cloth and fuel, after Abu Yusuf (p. 35). The book reports an anecdote from al-Ghazali about a merchant who gave away his excess profit (p. 35). Muhyi al-Din Afifi Ahmad gives Ibn Qudama's definition: a foodstuff people need, withheld so as to harm them (p. 143), and cites the hadith on hoarding for forty nights without giving its grade (p. 144).

Depth

At a glance

Era
The Modern Era
Region
Global / Diaspora
Review
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Trade and finance

Overview

Hoarding (ihtikar), for al-Maraghi, is withholding goods to shrink supply, raise prices and let the hoarder dictate sales — the crisis-time "black market," its practitioner a diseased limb of the community 1. He cites the hadith "whoever hoards is a sinner," while noting in the margin that some of the chapter's wording is weak 1. From Ibn Hajar al-Haytami: the ruler may compel the hoarder to sell in necessity 2; from Abu Yusuf: hoarding covers not only food but medicine, clothing, fuel and building materials 3.

From the lectures: the speaker's remarks on wealth and hoarding

The speaker mentions Muslims in Canada, the United States, Australia, South-East Asia, Europe and Africa, in the course of describing their conditions (needs_source: no figure or source is given for the number of Muslims in that sentence) 4. In the same passage he mentions a figure of 1920 and three scholars; in his remarks on hoarding he gives "180 dollars" and tells of a man who died four years earlier and refused an inheritance of 73 million dollars (needs_source: the figures and the story are not traced to a source and are not written here as facts) 5.

Opinions on the question

First opinion · Sunni tradition (the museum's frame)Main reference

Basis: Principles of Islamic Economics — Rafiq Yunus al-Misri

More opinions (1)

Sunni tradition (the museum's frame)Main reference

Basis: Principles of Islamic Economics — Rafiq Yunus al-Misri

Connections

Explore the connections

Based on
Muwatta 1898· Muwatta 1899· Muwatta 1900
Part of
Trade in Islam

People and things also explored

Muwatta, Book of Sales (buyu')· Malik ibn Anas· Umar ibn al-Khattab· Trade in Islam· Work in Islam· Hatib ibn Abi Balta'a· Sa'id ibn al-Musayyab· Uthman ibn Affan

Sources

  1. Issues of Work and Wealth in Islam — Abu al-Wafa al-Maraghi , p. 34
  2. Issues of Work and Wealth in Islam — Abu al-Wafa al-Maraghi , p. 36
  3. Issues of Work and Wealth in Islam — Abu al-Wafa al-Maraghi , p. 35
  4. Assabile archive of Omar Abdelkafy's lectures (audio and video) , Al Hoquq, episode 3, at 00:37:00 · Listen at the archive (opens the audio at this time)
  5. Assabile archive of Omar Abdelkafy's lectures (audio and video) , Al Hoquq, episode 3, at 00:37:30 · Listen at the archive (opens the audio at this time)
  • Objective Views on Human Issues — Muhyi al-Din Afifi Ahmad
  • Asma al-Matalib fi Sirat Ali ibn Abi Talib, vol. 1 — Ali Muhammad al-Sallabi
  • The Qur'anic Method in Economics — Ziyadan Abd al-Fattah Qa'dat
  • Principles of Islamic Economics — Rafiq Yunus al-Misri
Cite this page

islam.museum contributors. “Hoarding (ihtikar)”. islam.museum, https://islam.museum/en/concept/ihtikar/. CC BY-SA 4.0. Last updated 2026-10-25.

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Related

Muwatta, Book of Sales (buyu')

The Book of Sales, seventeenth book of the Muwatta in Yahya ibn Yahya's recension (ed. Ma'ruf 1997), in volume 2: 226 reports (1781–2006) in forty-six babs, PDF pp. 129–220 of volume 2. It covers down-payment sales, the sale of a slave with property, warranty and defects, fruit and crops, calamity, the exchange of gold and silver, sale on credit, animals and meat, gharar, murabaha, the option of the parties, bankruptcy, advances (salaf), and the closing rules on sales.