This is permissible as this is like a commission you are getting from the supplier but the price you are selling it for must be known to him and he must also know the profit your making before hand.

There is a supplier in china who is selling Lab Coats for $12.50 and he is selling these lab coats in aliexpress.com. I am living in Russia. I emailed this supplier and asked him whether we could agree for a contract i.e.I shall advertise this product on ebay.com for higher price than $12.50 and he agreed with me that I can keep the extra mark up. Once I get paid from customer, supplier ships the item. Is this permissible?

Islamic economy |