Hadithcore
Riyad as-Salihin, 1581

Ibn 'Umar (May Allah be pleased with them) said:

The Messenger of Allah (ﷺ) prohibited the practice of Najsh. <b>[Al-Bukhari and Muslim]</b>.

وعن ابن عمر رضي الله عنهما، أن النبي صلى الله عليه وسلم نهى عن النَجَش، ‏(‏‏(‏متفق عليه‏)‏‏)‏‏.‏

References1 variant
In-Book Reference
Book 17, Hadith 71
Sharh · explanationclick to expand
<b>Guidance from the Hadiths:</b><br> 1) It is prohibited to raise the price of commodities with the purpose of cheating and deceiving the buyers.<br> 2) The Shariah forbids transactions that cause enmity and hatred between the believers; this is one of the merits of the Islamic legislations.<br> <br> <br> <br> <b>Words in the Hadith:</b><br> Najsh: to raise the price of merchandise through fake bidding in order to deceive buyers into paying a higher price.