What does Al-aḥtkar mean?

Islam > Glossary > Al-aḥtkar

Discover the meaning of the term Al-aḥtkar (احتكار) in Islamic vocabulary.

Definition Al-aḥtkar

Al-aḥtkar according to Kitab at-Ta'rifat (Al-Jurjani)

Withholding food for the sake of high prices.

Al-aḥtkar according to At-Ta'rifat al-Fiqhiyya (Al-Barkati)

The buying of men's and beasts' sustenance and withholding it until prices rise; its name is al-ukra.

Al-aḥtkar according to Al-Qamus al-Fiqhi

Withholding merchandise from sale. In law: buying food and the like and withholding it for high prices for forty days (Ibn Abidin). In law: the resident's buying of food for trade at a time of plenty in his town, intending to store it for the high prices occurring there (Atfayyish). Al-Shawkani said: 'the apparent import of the hadiths is that ihtikar is unlawful without distinction of foods,' and other. And al-Tibi said: 'the restriction to forty days is not intended as an exact delimitation.'