Tag Archives: Business and Trade

July, 2020

• 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 …

January, 2020

• 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

November, 2019

• 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.”

October, 2019

• 1 October

  Protection from interest (riba)

  Question Please tell me if there is any du’a or supplication from Hadith for protection from riba (usury). Please give the Arabic, transliteration and English translation.

July, 2019

• 16 July

  Be moderate in seeking sustenance, do not overexert yourself

  Question Is this Hadith authentic? Rasulullah (sallallahu ‘alayhi wa sallam) said: “Be moderate in seeking worldly things for everyone will be facilitated for which he was created [i.e. each person will only receive what is predestined for him]”
• 5 July

  The best type of earning

  Question Can you confirm the source of this Hadith? خير الكسب كسب يد العامل إذا نصح

February, 2019

• 15 February

  The traders will be raised on the day of Qiyamah sinful, except those who feared Allah

  Question Is this narration reliable? Rasulullah (sallallahu ‘alayhi wa sallam) said: “The businessmen will be raised up on the Day of Resurrection sinful, except those who feared Allah, were honest [refrained from fraud and embezzlement] and were truthful”

November, 2018

• 20 November

  An untraceable Hadith on the virtue of one who earns

  Question What is status of following narration? الكاسب حبيب الله
• 6 November

  The importance of acquiring wealth only through halal avenues

  Question How authentic is this Hadith? Nabi (sallallahu ‘alayhi wa sallam) said: “A time will come when one will not care how one gains one’s money, legally [through halal] or illegally [through haram].”

October, 2018

• 18 October

  ‘O businessmen! Give sadaqah’

  Question Is this authentic? Rasulullah (sallallahu ‘alayhi wa sallam) said: “O Merchants! In business transactions there occurs useless talk and false oaths, therefore mix it with giving sadaqah [for its atonement]”
• 15 October

  Selling defective goods without pointing out the defect

  Question How authentic is this Hadith? Nabi (sallallahu ‘alayhi wa sallam) said: “Whoever sells defective goods without pointing it out, will remain subject to the wrath of Allah, and the angels will continue to curse him.”
• 10 October

  Taking false oaths to sell a commodity

  Question What is the source of this Hadith? Sayyiduna Abu Hurayrah (radiyallahu ‘anhu) reports that Rasulullah (sallallahu ‘alayhi wa sallam) said: “Taking [false] oaths will hasten the sale of the commodity but will destroy the barakah”

August, 2018

• 29 August

  A narration regarding conditions in trade

  Question Scholars of Islamic Finance quote the Hadith: المسلمون على شروطهم إلا شرطا حرم حلالا أو أحل حراما Where is this Hadith located and what is the strength?