Sunan Ibn Majah #2001
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 conveys the prohibition of Muhaqalah and Muzabanah, which are forms of transactions involving uncertainty and speculation. The Prophet Muhammad (ﷺ) emphasizes the need for clarity and fairness in financial dealings, promoting ethical conduct in trade and commerce.
Modern Application
In modern finance, this hadith serves as a reminder to engage in transparent and fair transactions. It encourages individuals to avoid speculative practices that could lead to disputes or unethical outcomes in business dealings.
Topics
This hadith is tagged with Buying and Selling because it addresses the importance of ethical standards in financial transactions.
Related Ayahs
Common Words
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About Sunan Ibn Majah
This hadith is #2001 from Sunan Ibn Majah, in the Book of The Chapters on Business Transactions. It is graded Sahih and narrated by It was narrated that Rafi, bin Khadij said:.