FPCCI urges traders to cut 50pc profit in Ramazan

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LAHORE - All chambers of commerce and industries throughout the country including FPCCI, once again urged all traders and vendors to cut 50pc of profit on all products during the of Ramazan.

President FPCCI, Zubair Malik and Iftikhar Ali Malik in a joint statement said that all chambers and all affiliated trade bodies and organisations must constitute committees to monitor prices in their respective areas and businessmen indulged in overcharing, be taken to task without an discrimination. 

Zubair said the Holy Quran and our law of land prohibits profiteering and hoarding for the purpose of selling at higher prices. He said, “We all are Muslims and the Holy

Quran and Sunnah offer a complete code of life which must be practiced in letter and spirit. We all must seek guidance from the Holy Quran and Sunnah for success in every sphere of life.”

He asked the business community especially small vendors and shopkeepers to get only marginal profit from people in the holy month of Ramadan-ul-Mubarak and in return Allah Almighty will bless their business with bounties which would continue to flourish.

Iftikhar Ali Malik made a passionate appeal to businessmen to sell only the best quality products at reasonable prices and offer special discount throughout the holy month.

He said that businessmen should sell their products through genuine “grand sale” on the pattern of western countries where all items were sold even up to 80 per cent less than the actual price on the occasions of Christmas and New Year.

He said businessmen must provide an opportunity to the poor segment of society to fast comfortably and ensure their full participation in celebrating Eid by selling items on no-profit,no-loss basis.

Courtesy:  Nation

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