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The reward of cancelling a transaction

Question

Kindly relate the Hadith on the reward of cancelling a transaction of the buyer who regrets buying an item.

Answer

Sayyiduna Abu Hurayrah (radiyallahu ‘anhu) reports that Nabi (sallallahu ‘alayhi wa sallam) said:

“On the day of Qiyamah, Allah will cancel the mistakes and sins of the one who cancels the sale of a Muslim [who regrets purchasing the item]”

(Sunan Abi Dawud, with slight variation in the wording, Hadith: 3454, Sunan Ibn Majah, Hadith: 2199. Declared authentic –sahih– by Imam Ibn Hibban and Imam Hakim -rahimahumallah-, Sahih Ibn Hibban; Al Ihsan, Hadith: 5029, 5030 and Mustadrak Hakim, vol. 2 pg. 45)

 

And Allah Ta’ala Knows best.

 

Answered by: Moulana Suhail Motala

 

Approved by: Moulana Muhammad Abasoomar

 

Checked by: Moulana Haroon Abasoomar