Monopolies on basic necessities are un-Islamic
There are many narrations which show that the Prophet (peace be upon him) prohibited monopolies in Islam. عَنْ عُمَرَ رَضِيَ اللَّهُ عَنْهُ عَنِ النَّبِيِّ صَلَّى اللَّهُ عَلَيْهِ وَسَلَّمَ قَالَ: «الْجَالِبُ مَرْزُوقٌ، والمحتكر مَلْعُون» ....
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