Business and Trade

17 Dhul Hijjah 143929 August 2018

A Narration Regarding Conditions in Trade

QuestionScholars 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?

12 Jumadal Ula 143929 January 2018

A Narration Prohibiting the Sale of an Animal to Copulate

QuestionCan you please verify this narration: It is narrated from Sayyiduna 'Abdullah ibn 'Umar (radiyallahu 'anhuma) that Nabi (sallallahu 'alayhi wa sallam) prohibited from the earnings of the copulation of animals. (That is, the earnings achieved when one hires his male animal to copulate with a female animal) (Recorded by…

25 Rabi'ul Awwal 143914 December 2017

The Example of One Who Remembers Allah Ta’ala in the Marketplace

QuestionCould you provide a reference for this statement? Humayd ibn Hilal Al 'Adawi (rahimahullah) said: "The one who remembers Allah Ta'ala in the marketplace is like a green tree in the middle of several dead trees."

9 Rabi'ul Awwal 143928 November 2017

Clarify the Wage Before Work Begins

QuestionIs this Hadith reliable? من استأجر أجيرا فليسم له إجارته "Whoever employs an employee, should specify for him his wage [in advance]."

4 Rabi'ul Awwal 143923 November 2017

Learn the Rules of Trade Before Trading

QuestionWhere is the narration to the effect where Sayyiduna 'Umar (radiyallahu 'anhu) would not allow anybody to trade in the marketplace until they knew the laws of trade. Kindly supply the Arabic as well as the English

19 Muharram 143910 October 2017

“It Has Not Been Revealed to Me that I Amass Wealth and Be a Trader”

QuestionIs this authentic? ما أوحي إلي أن أجمع المال وأكون من التاجرين ولكن أوحي إلي أن فسبح بحمد ربك وكن من الساجدين واعبد ربك حتى يأتيك اليقين

25 Jumadal Akhirah 143824 March 2017

A Time Will Come When Usury (Riba) Will Affect Everyone

QuestionIn which Hadith books does the following narration appear? "There will come a time when there will be no one left who does not consume usury and whoever does not consume it will nevertheless be affected by it"

20 Safar 143821 November 2016

The Hadith “The Plaintiff Should Provide the Evidence and the Oath Is Obliged on the Defendant”

QuestionWhat is the authenticity of this narration? Rasulullah (sallallahu 'alayhi wa sallam) said: "It is the plaintiff who should provide the evidence, and the oath is obliged on the one that contests"

14 Jumadal Ula 143723 February 2016

The Virtue of an Honest Trader

QuestionIs the following narration reliable? Rasulullah (sallallahu 'alayhi wa sallam) said: "The truthful and honest trader will be in the company of the Ambiya, the truthful ones and martyrs [in the Hereafter]"

7 Jumadal Ula 143716 February 2016

The Most Beloved Place and the Most Hated Place to Allah

QuestionWhat is the status of this Hadith? Rasulullah (sallallahu 'alayhi wa sallam) said: "The most beloved places to Allah are the Masjids, and the most hated places to Allah are the souks (market places)." A man came to Rasulullah (sallallahu 'alayhi wa sallam) and asked: "O Rasulullah! Which cities are…

25 Muharram 14378 November 2015

Some Reasons for Drought and Famine

QuestionIs the following Hadith authentic? Rasulullah (sallallahu 'alayhi wa sallam) informed us that no people become unjust in their commercial transactions, and refuse to pay Zakah except that they will be afflicted with drought.

14 Sha'ban 14362 June 2015

Barakah (Blessings) in Three Types of Transactions

QuestionKindly advise if the following narration is authentic: Sayyiduna Suhayb (radiyallahu 'anhu) reports that Nabi (sallallahu 'alayhi wa sallam) said: "There is Barakah (blessings) in three things, Installment Sales, Muqaradah (Profit Sharing Investments), Mixing wheat with barley for domestic use and not for re-selling"

8 Sha'ban 143627 May 2015