Sunan Ibn Majah #1995
The Arabic includes the chain of narration (sanad) and the collector's commentary; the English translation shows the Prophet's words only.
Context
This hadith addresses the principles of fair trade as articulated by the Prophet Muhammad (ﷺ). He states that there should be no advantage taken in transactions involving gold and silver, emphasizing equality in exchanges. This principle is critical for fostering trust and fairness in financial dealings.
Modern Application
In today's marketplace, ensuring fair pricing and transparency in transactions is essential. This hadith serves as a guiding principle for ethical business practices, encouraging individuals to engage in fair exchanges without exploiting others.
Topics
This hadith is tagged with Buying and Selling and Trade Ethics because it emphasizes the importance of fairness in financial transactions.
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Common Words
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About Sunan Ibn Majah
This hadith is #1995 from Sunan Ibn Majah, in the Book of The Chapters on Business Transactions. It is graded Hasan and narrated by It was narrated from Umar bin Muhammad bin 'Ali bin abi Talib, from his father, that his grandfather said:.