Mishkat al-Masabih #2729
Business Transactions
The Arabic includes the chain of narration (sanad) and the collector's commentary; the English translation shows the Prophet's words only.
وَعَنْهُ قَالَ: قَالَ رَسُولُ اللَّهِ صَلَّى اللَّهُ عَلَيْهِ وَسَلَّمَ: «لَا تَلَقَّوُا الْجَلَبَ فَمَنْ تَلَقَّاهُ فَاشْتَرَى مِنْهُ فَإِذَا أَتَى سَيِّدُهُ السُّوقَ فَهُوَ بالخَيارِ» . رَوَاهُ مُسلم
He reported God’s Messenger as saying, “Do not go out to meet what is being brought .*
* He may find he could have a higher price in the market, and so he has the right to cancel the deal.
Muslim transmitted it.
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About Mishkat al-Masabih
This hadith is #2729 from Mishkat al-Masabih, in the Book of Business Transactions.