Tag Archives: Business and Trade

February, 2022

22 February
The reward for rescinding a transaction with a Muslim

Question Can you mention the reference for this Hadith? من أقال مسلما أقاله الله عثرته

19 October
Nabi (sallallahu ‘alayhi wa sallam) waits for three days

Question Where is the following Hadith found and can it be quoted? If possible, what is the lesson from this Hadith? Abdullah ibn Abil Hamsa was a companion who narrates: “Prior to the commencement of the divine mission of Nabi (sallallahu ‘alayhi wa sallam) [i.e. Nubuwwah], I dealt with him in a business transaction and there was still something due …

18 June
Remembering Allah Ta’ala in the marketplace

Question Is this narration authentic? Whoever remembers Allah in the markets once, Allah will remember him a hundred times.

8 February
A query regarding the bazar du’a cited in Ihya ‘Ulumid Din

Question What is the original reference for this Hadith in Imam Ghazali’s Revival of the Religious Sciences? Rasulullah (sallallahu ‘alayhi wa sallam) said: If a man says after entering the market the following, There is no deity but Allah, the Single, there is no partner for Him, His is the kingdom and for Him is all praise, He gives life …

15 December
A person will be cast into Jahannam together with the haram wealth he spent in avenues of good

Question What is the source of this Hadith? من اكتسب مالا من مأثم فوصل به رحما أو تصدق به أو أنفقه في سبيل الله جمع ذلك جمعا فقذف به في جهنم

26 November
Riba/usury will always end up in poverty and humiliation

Question Is the following Hadith recorded in Musnad Ahmad authentic? “No matter how much interest you have it will decrease.” (Musnad Ahmad, Hadith: 3753)
17 November
The Hadith: La khilabah

Question Kindly provide a reference for the Hadith لا خلابة Is it a du’a to read when trading or not? And can it be read at all occasions?

20 October
What transaction is meant by the word ‘تَناجُش’

Question What is the meaning of يَتَناجَشُوا in the following Hadith? عن أبي هريرة رضي الله عنه: أنَّ النبيَّ ﷺ نَهى أَنْ يَبِيعَ حاضِرٌ لِبادٍ، أَوْ يَتَناجَشُوا، أَوْ يَخْطُبَ الرَّجُلُ على خِطْبَةِ أَخِيهِ، أَوْ يَبِيعَ على بَيْعِ أَخِيهِ، وَلا تَسْأَلِ المَرْأَةُ طَلاقَ أُخْتِها لِتَكْتَفِئَ ما في إنائِها، أَوْ ما في صَحْفَتِها. زادَ عَمْرٌو في رِوايَتِهِ: وَلا يَسُمِ الرَّجُلُ على سَوْمِ …

12 August
Changing the name of riba (usury) and wine, to make it permissible

Question Please provide a reference for the following narration: “At the end of times people will change the name of usury and make it permissible.”
10 August
Prohibition against selling an item before taking possession

Question Please what is the authenticity of Hadith of Ibn Umar in Abu Dawud that states “Do not resell goods at the place of the first seller”?

3 July
‘Abdur Rahman’s ibn ‘Awf (radiyallahu ‘anhu) secret to business success

Question I heard about the following, is it authentic and what is the explanation? Sayyiduna ‘Abdur Rahman ibn ‘Awf (radiyallahu ‘anhu) was asked; “What is the reason of your success? He replied, ‘Due to three things; 1) I never refused any profit 2) I sold everything in cash and not on credit 3) I did not delay in selling a …

17 January
Another narration on the intentions people will have when performing Hajj and ‘Umrah

Question Kindly translate and authenticate this narration. عند ذلك يا سلمان يحج الناس إلى هذا البيت الحرام تحج ملوكهم لهوا وتنزها وأغنياؤهم للتجارة ومساكينهم للمسألة وقراؤهم رياء وسمعة

26 November
Warning against speaking lies in business transactions

Question Is this authentic? Rasulullah (sallallahu ‘alayhi wa sallam) said: “Allah will not speak to nor will he look [with mercy] at the person who takes a false oath that he has been offered more for his goods than he has actually been offered.”

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