Is Domain Flipping permissible

Assalamualaykum waramatuLlahi wabarakaatu.

Please I will like to know the ruling on the permisibilty of Domain Flipping.

This is a process in which you buy a domain [eg a.com] with an intent to sell it.

You buy a domain at the lowest price possible, and then resell it at a significantly higher cost. In practice, you might sell within a very short period and you might not sell anything for months, years even, and you probably won’t earn as much money as you originally wanted to (though it could be vice-versa).

Wasalam

May Allah bless you.
Yes it is permissible.

And Allah knows best!

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Aameen wa antum

JazakumuLlahu Khayran