Sunan Ibn Majah #1992

The Chapters on Business Transactions
Sahih

The Arabic includes the chain of narration (sanad) and the collector's commentary; the English translation shows the Prophet's words only.

حَدَّثَنَا أَحْمَدُ بْنُ عَبْدَةَ، أَنْبَأَنَا حَمَّادُ بْنُ زَيْدٍ، عَنْ سُلَيْمَانَ بْنِ عَلِيٍّ الرِّبْعِيِّ، عَنْ أَبِي الْجَوْزَاءِ، قَالَ سَمِعْتُهُ يَأْمُرُ، بِالصَّرْفِ - يَعْنِي ابْنَ عَبَّاسٍ - وَيُحَدَّثُ ذَلِكَ عَنْهُ ثُمَّ بَلَغَنِي أَنَّهُ رَجَعَ عَنْ ذَلِكَ فَلَقِيتُهُ بِمَكَّةَ فَقُلْتُ إِنَّهُ بَلَغَنِي أَنَّكَ رَجَعْتَ ‏.‏ قَالَ نَعَمْ إِنَّمَا كَانَ ذَلِكَ رَأْيًا مِنِّي وَهَذَا أَبُو سَعِيدٍ يُحَدِّثُ عَنْ رَسُولِ اللَّهِ ـ صلى الله عليه وسلم ـ أَنَّهُ نَهَى عَنِ الصَّرْفِ ‏.‏
"I heard him meaning Ibn 'Abbas allowing exchange (of Dirhams for Dirham etc., if extra was given) and that was narrated from him. Then I heard that he has taken back this opinion. I met him in Makkah and said: 'I heard that you had taken back (your opinion).' He said: 'Yes. That was just my own opinion, but Abu Sa'eed narrated from the Messenger of Allah (ﷺ) that he forbade exchange (of like items if extra is given)."'
Narrated by It was narrated that Abu Jawza' said:

Context

This narration involves a discussion about the permissibility of certain transactions, specifically regarding the exchange of currency. The hadith illustrates the importance of adhering to the teachings of the Prophet Muhammad ﷺ and the need to avoid practices that could lead to usury or unfair trade.

Modern Application

In modern financial dealings, this hadith serves as a reminder to engage in fair and ethical transactions. Individuals should be cautious about the terms of exchanges and ensure they align with Islamic principles to avoid any form of exploitation.

Topics

This hadith is tagged with Usury (Riba) and Buying and Selling because it addresses the prohibition of unfair exchanges and the importance of ethical practices in financial transactions.

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About Sunan Ibn Majah

This hadith is #1992 from Sunan Ibn Majah, in the Book of The Chapters on Business Transactions. It is graded Sahih and narrated by It was narrated that Abu Jawza' said:.

About This Hadith