Chapter: Riba (Usury, Interest)

Hadith 1584 Part A

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Abu Salid al-Khudri reported Allah's Messenger (ﷺ) as saying

Do not sell gold for gold, except like for like, and don't increase something of it upon something; and don't sell silver unless like for like, and don't increase some thing of it upon something, and do not sell for ready money something to be given later.

Hadith 1584 Part B

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Nafi' reported that Ibn 'Umar told him that a person of the tribe of Laith said that Abu Sa'id al-Kludri narrated it (the above-mentioned hadith) from tile Messenger of Allah (ﷺ) in a narration of Qutaiba. So 'Abduliali and Nafi' went along with him, and in the hadith transmitted by Ibn Rumh (the words are) that Nafi' said

'Abdullah (b. 'Umar) went and I along with the person belonging to Banu Laith entered (the house) of Sa'id al-Khudri, and he ('Abdullah b. Umar) said: I have been informed that you say that Allah's Messenger (ﷺ) forbade the sale of silver with silver except in case of like for like, and sale of gold for gold except in case of like for like. Abu Sa'id pointed towards this eyes and his ears with his fingers and said: My eyes saw, and my ears listened to Allah's Messenger (ﷺ) saying: Do not sell gold for gold, and do not sell silver for silver except in case of like for like, and do not increase something of it upon something, and do not sell for ready money something, not present, but hand to hand.

Hadith 1584 Part C

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This hadith has been narrated on the authority of Abu Sa'id al-Khudri through another chain of transmitters.

Hadith 1584 Part D

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Abu Sa'id al-Khudri (Allah be pleased with him) reported Allah's Messenger (ﷺ) as saying

Do not sell gold for gold and silver for silver weight for weight or of the same quality.

Hadith Number 1585

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'Uthman b. 'Affan reported Allah's Messenger (ﷺ) as saying

Do not sell a dinar for two dinars and one dirham for two dirhams.