Transact

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The word Transact is a stemmed form of the following words:


Transact Dictionary Definition

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Transact in Wikipedia

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Transact References or Citations

In Quran

nothing found

In Hadith Text Books

Transact In Sahih AlBukhari

Hadith PageArabic TextEnglish TranslationBook and Chapter
SahihAlBukhari-017-001-5354Narrated Hakim Bin Hizam: Allah Messenger ﷺ said; The seller and the buyer have the right to keep or return goods as long as they have not parted or till they part; and if both the parties spoke the truth and described the defects and qualities of the goods ; then they would be blessed in their transaction; and if they told lies or hid something; then the blessings of their transaction would be lost.The Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on To explain the good and bad points of the transaction in Sahih AlBukhari

In Sahih Muslim

Hadith PageArabic TextEnglish TranslationBook and Chapter
SahihMuslim-017-001-18314Abu Minhal reported: My partner sold silver to be paid in the Hajj season or in the days of Hajj. He my partner came to me and informed me; and I said to him: Such transaction is not desirable. He said: I sold it in the market on loan but nobody objected to this. I went to AlBara Bin Azib and asked him; and he said: Allah Apostle ﷺ came to Medina and we made such transaction; whereupon he said: In case the payment is made on the spot; there is no harm in it; and in case it is sold on loan; it is usury. You better go to Zaid Bin Arqam; for he is a greater trader than I; so I went to him and asked him; and he said like it.The Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on 16 in Sahih Muslim
SahihMuslim-017-001-18656Hudhaifa reported: The Messenger of Allah ﷺ narrated to us two ahadith. I have seen one crystallized into reality ; and I am waiting for the other. He told us: Trustworthiness descended in the innermost root of the hearts of people. Then the Quran was revealed and they learnt from the Quran and they learnt from the Sunnah. Then he the Holy Prophet told us about the removal of trustworthiness. He said: The man would have a wink of sleep and trustworthiness would be taken away from his heart leaving the impression of a faint mark. He would again sleep and trustworthiness would be taken away from his heart leaving an impression of a blister; as if you rolled down an ember on your foot and it was vesicled. He would see a swelling having nothing in it. He the Holy Prophet then took up a pebble and rolled it down over his foot and said : The people would enter into transactions amongst one another and hardly a person would be left who would return things entrusted to him. And there would be so much paucity of honest persons till it would be said: There in such a such tribe is a trustworthy man. And they would also say about a person: How prudent he is; how broad-minded he is and how intelligent he is; whereas in his heart there would not be faith even to the weight of a mustard seed. I have passed through a time in which I did not care with whom amongst you I entered into a transaction; for if he were a Muslim his faith would compel him to discharge his obligations to me and it he were a Christian or a Jew; the ruler would compel him to discharge his obligations to me. But today I would not enter into a transaction with you except so and so.The Chapter on Family And Judgments in HodHood Indexing, Chapter on 64 in Sahih Muslim
SahihMuslim-017-001-19711Abu Huraira reported Allah Messenger ﷺ as saying: Dont nurse grudge and dont bid him out for raising the price and dont nurse aversion or enmity and dont enter into a transaction when the others have entered into that transaction and be as fellow-brothers and servants of Allah. A Muslim is the brother of a Muslim. He neither oppresses him nor humiliates him nor looks down upon him. The piety is here; and while saying so he pointed towards his chest thrice. It is a serious evil for a Muslim that he should look down upon his brother Muslim. All things of a Muslim are inviolable for his brother in faith: his blood; his wealth and his honour.The Chapter on Charity To Brothers And Mother in HodHood Indexing, Chapter on 10 in Sahih Muslim
SahihMuslim-017-001-21226Abu Huraira Allah be pleased with him reported: Two types of trarisactions have been forbidden by the Holy Prophet ; AlMlulamasa and AlMunabadha. As far as Mulamasa transaction is concerned; it is that every one of them the parties entering into transaction should touch the garment of the other without careful consideration; and AlMunabadha is that every one of them should throw his cloth to the other and one of them should not see the cloth of his friend.The Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on 1 in Sahih Muslim
SahihMuslim-017-001-21227Abu Saeed AlKhudri Allah be pleased with him reported: Allah Messenger ﷺ forbade us from ; two types of business transactions and two ways of dressing. He forbade Mulamasa and Munabadha in transactions. Mulamasa means the touching of another garment with his hand; whether at night or by day; without turning it over except this much. Munabadha means that a man throws his garment to another and the other throws his garment; and thus confirming their contract without the inspection of mutual agreement.The Chapter on Garments Forbidden Dress in HodHood Indexing, Chapter on 1 in Sahih Muslim
SahihMuslim-017-001-21233Ibn Umar Allah be pleased with them reported Allah Messenger ﷺ as saying: A person should not enter into a transaction when his brother is already making a transaction and he should not make a proposal of marriage when his brother has already made a proposal except when he gives permission.The Chapter on Permission To Enter The House in HodHood Indexing, Chapter on 4 in Sahih Muslim
SahihMuslim-017-001-21244Abu Huraira Allah be pleased with him reported Allah Messenger ﷺ as saying: Do not meet the merchant in the way and enter into business transaction with him; and whoever meets him and buys from him and in case it is done; see that when the owner of merchandise comes into the market and finds that he has been paid less price he has the option to declare the transaction null and void.The Chapter on Financial Transaction And Partnership in HodHood Indexing, Chapter on 5 in Sahih Muslim
SahihMuslim-017-001-21269Abu Huraira Allah be please with him is reported to have said to Marwan: Have you made lawful the transactions involving interest? Thereupon Marwan said: I have not done that. Thereupon Abu Huraira ﷺ said: You have made lawful the transactions with the help of documents only; whereas Allah Messenger ﷺ forbade the transaction of foodgrains until full possession is taken of them. Marwan then addressed the people and forbade them to enter into such transactions as are done with the help of documents. Sulaiman said: I saw the sentinels snatching these documents from the people.The Chapter on Angeles And Good Deeds And Destiny in HodHood Indexing, Chapter on 8 in Sahih Muslim
SahihMuslim-017-001-21273Ibn Umar Allah be pleased with them reported Allah Messenger ﷺ as saying: Both parties in a business transaction have the right to annul it so long as they have not separated; except in transactions which have been made subject to the right of parties to annul them.The Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on 10 in Sahih Muslim
SahihMuslim-017-001-21275Ibn Umar Allah be pleased with thcm reported Allah Messenger ﷺ as saying: When two persons enter into a transaction; each of them has the right to annul it so long as they are not separated and are together at the place of transaction ; or if one gives the other the right to annul the transaction But if one gives the other the option; the transaction is made on this condition i. e. one has the right to annul the transaction ; it becomes binding. And if they are separated after they have made the bargain and none of them annulled it; even then the transaction is binding.The Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on 10 in Sahih Muslim
SahihMuslim-017-001-21276Abdullah Bin Umar Allah be pleased with them reported Allah Messenger ﷺ as saying: When two persons enter into a transac. tion; each one of them has the right to annul it so long as they are not separated; or their transaction gives one another as a condition the right of annulling; and if their transaction; has the right of annulling it the transaction becomes binding. Ibn Abi Umar made this addition that whenever he Ibn Umar entered into a transaction with a person with the intention of not breaking it; he walked a while and then returned to him.The Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on 10 in Sahih Muslim
SahihMuslim-017-001-21277Ibn Umar reported Allah Messenger ﷺ as saying: There is no transaction between two persons entering a transaction until they separate; but only when there is an option to annul it.The Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on 10 in Sahih Muslim
SahihMuslim-017-001-21278Hakim Bin Hazim Allah be pleased with him reported Allah Messenger ﷺ as saying: Both parties in a business transaction have the right to annul it so long as they have not separated; and if they speak the truth and make everything clear they will be blessed in their transaction; but if they tell a lie and conceal anything the blessing on their transaction will be blotted out.The Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on 11 in Sahih Muslim
SahihMuslim-017-001-21280Abdullah Bin Dinar narrated that he heard Ibn Umar Allah be pleased with them saying: A man mentioned to the Messenger of Allah ﷺ that he was deceived in a business transaction; whereupon Allah Messenger ﷺ said: When you enter into a transaction; say: There should be no attempt to deceive.The Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on 12 in Sahih Muslim
SahihMuslim-017-001-21298Saeed Bin AlMusayib said that Allah Messenger ﷺ forbade the transaction of Af Muzabana and Muhaqala. Muzabana means that fresh dates on the trees should be sold against dry dates. Muhaqala implies that the wheat in the ear should be sold against the wheat and getting the land on rent for the wheat produced in it. He the narrator said that the Prophet ﷺ had aid: Do not sell fresh fruits on the trees until their good condition becomes manifest; and do not sell fresh dates on the trees against dry dates. Salim said: Abdullah informed me on the authority of Zaid Bin Thabit; Allah Messenger ﷺ having given concession afterwards in case of ariya transactions by which dry dates can be exchanged with fresh dates; but he did not permit it in other cases.The Chapter on Agriculture Of Dates And Fresh Fruits in HodHood Indexing, Chapter on 14 in Sahih Muslim

In Sunan AlTermithi

nothing found

In Sunan AlNasai

Hadith PageArabic TextEnglish TranslationBook and Chapter
SunanAlNasai-017-001-12997It was narrated that Hakim Bin Hizam said: The Messenger of Allah said: The two parties to a transaction have the choice so long as they have not separated. If they are honest and open; their transaction will be blessed; but if they tell lies and conceal anything; the blessing of their transaction will be lost.The Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on What Traders Must Avoid In Their Dealings in Sunan AlNasai
SunanAlNasai-017-001-13004It was narrated that Hakim Bin Hizam said: The Messenger of Allah said: The two parties to a transaction have the choice so long as they have not separated. If they are honest and open; their transaction will be blessed; but if they tell lies and conceal anything the blessing of their transaction will be lost.The Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on The Two Parties To A Transaction Have the Choice Before They Separate in Sunan AlNasai
SunanAlNasai-017-001-13005It was narrated from Malik; from Nafi fromAbdullah Bin Umar that the Messenger of Allah said: The two parties to a transaction both have the choice so long as they both chosen to conclude the transaction. SahihThe Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on Mentioning the Differneces Reported From Nafi in Sunan AlNasai
SunanAlNasai-017-001-13007it was narrated from Ismail; from Nafi; that Ibn Umar said: The Messenger of Allah said: The two parties to a transaction both have the choice so long as they have not separated; unless they have both chosen to conclude they transaction. If they have both chosen to conclude the transaction; then the transaction is binding. SahihThe Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on Mentioning the Differneces Reported From Nafi in Sunan AlNasai
SunanAlNasai-017-001-13008It was narrated from Ibn Juraij: Nafi dictated to me; from Ibn Umar who said: The Messenger of Allah said: the two parties to a transaction both have the choice so long as they have not separated; unless they have both chosen to conclude the transaction. If they have both chosen to conclude the transaction; then the transactions binding. SahihThe Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on Mentioning the Differneces Reported From Nafi in Sunan AlNasai
SunanAlNasai-017-001-13010It was narrated from Ayoub ; from Nafi from Ibn Umar; who said: The Messenger of Allah said: The two parties to a transaction both have the choice so long as they have not separated or chosen to conclude the transaction. Or perhaps Nafi said: Or one of them has said to the other: Decide! SahihThe Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on Mentioning the Differneces Reported From Nafi in Sunan AlNasai
SunanAlNasai-017-001-13011It was narrated from AlLaith from Nafi from Ibn Umar who said: The Messenger of Allah said: The two parties to a transaction both have the choice so long as they have not separated or they have chosen to conclude the transaction. Or perhaps Nafi said: Or one of them has said to the other: Decide! SahihThe Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on Mentioning the Differneces Reported From Nafi in Sunan AlNasai
SunanAlNasai-017-001-13012It was narrated from AlLaith; from Nafi; from Ibn Umar that the Messenger of Allah said: When two men enter into a transaction; each of them has the choice until they separate. On one occasion he said: So long as they have not separated and one has not told the other to decide. If one tells the other to decide and they agree upon something; then the transaction is binding. If they separate after entering into a transaction and neither of them has canceled the transaction; then the transaction is binding. SahihThe Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on Mentioning the Differneces Reported From Nafi in Sunan AlNasai
SunanAlNasai-017-001-13013It was narrated from Yahya Bin Sa eed who said: I heard Nafi narrating from Ibn Umar; form the Messenger of Allah the two parties to a transaction both have the choice so long as they have not separated unless they have chosen to conclude the transaction. Nafi said: When Abdullah bought something he like; he would leave straightaway.The Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on Mentioning the Differneces Reported From Nafi in Sunan AlNasai
SunanAlNasai-017-001-13014It was narrated from Yahya Bin Sa eed ; who said: Nafi narrated to us from Ibn Umar; who said: The Messenger of Allah said: There is no transaction between the two parties until they separate; unless they have chosen to conclude the transaction. SahihThe Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on Mentioning the Differneces Reported From Nafi in Sunan AlNasai
SunanAlNasai-017-001-13015It was narrated from Ismail from Abdullah Bin Dinar; from Ibn Umar; who said: The Messenger of Allah said: When two people meet to engage in trade; the transaction between them is not binding until they separate; unless they have chosen to conclude the transaction.;The Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on Mentioning The Differences Reported From Abdullah Bin Dinar in Sunan AlNasai
SunanAlNasai-017-001-13016It was narrated from Ibn AlHad; from Abdullah Bin Dinar; from Abdullah Bin Umar; that he heard the Messenger of Allah ﷺ say: When two people meet to engage in trade; the transaction between them is not binding untilthey separate; unless they have chosen to conclude the transaction.The Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on Mentioning The Differences Reported From Abdullah Bin Dinar in Sunan AlNasai
SunanAlNasai-017-001-13017It was narrated from Sufyan; from Amr Bin Dinar; from Ibn Umar; who said: the Messenger of Allah said: When two people meet to engage in trade; the transaction between them is not binding until they separate; unless they have chosen to concluded the transaction.The Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on Mentioning The Differences Reported From Abdullah Bin Dinar in Sunan AlNasai
SunanAlNasai-017-001-13018It was narrated from Yazid Bin Abdullah; from Abdullah Bin dinar; from Ibn Umar that he heard the Messenger of Allah say: When two people meet to engage in trade the transaction between them is not binding until they separate; unless they have chosen to conclude the transaction.The Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on Mentioning The Differences Reported From Abdullah Bin Dinar in Sunan AlNasai
SunanAlNasai-017-001-13019It was narrated from Shuban who said: Abdullah Bin Dinr narrated to us; from IbnUmar; who said; The Messenger of Allah said; When two people meet to engage in trade; the transaction between them is not binding until they separate; unless they have chosen to conclude the transaction.The Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on Mentioning The Differences Reported From Abdullah Bin Dinar in Sunan AlNasai
SunanAlNasai-017-001-13058It was narrated that Abu Huraira said: The Messenger of Allah forbade Gharar transaction and Hasah transactions.The Chapter on Financial Transaction And Partnership in HodHood Indexing, Chapter on The Hasah Transaction in Sunan AlNasai
SunanAlNasai-017-001-13115It was narrated that abu AlMinhal said: Sharik sold some silver on credit for me. He came to me and told me. And I said: This is not correct. He said; By Allah; I did this transaction in the market and no one criticized me. So I went to AlBara Bin Azib and asked him about that. He said: The Prophet came to us in AlMadinah and we used to do this kind of transaction; but he said: Whatever is hand to hand; there is nothing wrong with it; but whatever is on credit; is Riba. Then he said to me: Go to Zaid Bin Arqam. So I went to him and asked him; and he said the same thing.The Chapter on Precious Metals And Exchange For Other Commodities in HodHood Indexing, Chapter on Selling Silver For Gold On Credit in Sunan AlNasai
SunanAlNasai-017-001-13189It was narrated that Abd AlMalik binUbaid said: We were with Abu Ubaidah Bin Abdullah Bin Masud when two men who were involved in a transaction came to him. One of them said: I bought it for such and such; and the other said; I sold it to him for such and such; Abu Ubaidah said something like this was brought to Ibn Masud; and he said; I was with something like this was brought to him. He told the seller to swear an oath; them he gave the purchaser the choice; If he wished; he could buy it; and if he wished he could cancel the transactionThe Chapter on Financial Transaction And Lands in HodHood Indexing, Chapter on When The Two Parties To a Transaction disagree About The Price in Sunan AlNasai


In Sunan Abu Dawoud

Hadith PageArabic TextEnglish TranslationBook and Chapter
SunanAbuDawoud-017-001-28702Narrated AbulWadi: We fought one of our battle; and encamped at a certain place. One of our companions sold a horse for a slave. After that they remained there for the rest of day and night. When the next morning came; they prepared themselves for departure. The buyer of the horse began to saddle it; but the seller was ashamed of the transaction. He went to the man buyer and asked him to annul the transaction. The man refused to hand it over the horse to him. He said: Abu Barzah; the companion of the Prophet ﷺ ; is to decide between me and you. They went to Abu Barzah in the corner of the army. They related this story to him. He said: Do you agree that I make a decision between you on the basis of the decision of the Messenger of Allah ﷺ ? The Messenger of Allah ﷺ said: Both parties in a business transaction have an option right to annul it so long as they have not separated. Hisham to Hassan said that Jamil said in his version: I do not think that you separated.The Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on Regarding The Option Of Both Parties To Annul A Deal in Sunan Abu Dawoud
SunanAbuDawoud-017-001-28704Narrated Hakim Bin Hizam: The Messenger of Allah ﷺ as saying: Both parties in a business transaction have a right of option to annul it so long as they are not separated ; and if they tell the truth and make everything clear; they will be blessed in their transaction; but it they conceal anything and lie; the blessing on their transaction will be blotted out.Abu Dawud said: A similar tradition has also been transmitted by Saeed Bin Abi Arubah and Hammad. As regards with Hammam; he said in his version: Until they separate or exercise the right of option to annul the transaction ; saying the words of option three times.The Chapter on Precious Metals Transactions in HodHood Indexing, Chapter on Regarding The Option Of Both Parties To Annul A Deal in Sunan Abu Dawoud
SunanAbuDawoud-017-001-28747Narrated Amr Bin Suhaib: On his father authority; said that his grandfather told that the Messenger of Allah ﷺ forbade the type of transactions in which earnest money was paid. Malik said: This means; as we think-Allah better knows-that a man buys a slave or hires an animal; and he says: I give you a dinar on condition that if I give up the transaction or hire; what I gave you is yours.The Chapter on Precious Metals And Forbiden Acts in HodHood Indexing, Chapter on Regarding AlUrban NonRefundable Advance in Sunan Abu Dawoud
SunanAbuDawoud-017-001-28756Narrated Abdullah Ibn Masud: Muhammad Ibn AlAshath said: AlAshath bought slaves of booty from Abdullah Ibn Masud for twenty thousand dirhams. Abdullah asked him for payment of their price. He said: I bought them for ten thousand dirhams. Abdullah said: Appoint a man who may adjudicate between me and you. AlAshath said: I appoint you between me and yourself. Abdullah said: I heard the Messenger of Allah ﷺ say: If both parties in a business transaction differ on the price of an article ; and they have witness between them; the statement of the owner of the article will be accepted as correct or they may annul the transaction.The Chapter on Financial Transaction And Lands in HodHood Indexing, Chapter on If Two Parties Dispute The Item Remains Where It Was in Sunan Abu Dawoud
SunanAbuDawoud-017-001-28867Narrated Abu Said AlKhudri : The Prophet ﷺ forbade two types of business transactions and two ways of dressing. The two types of business transactions are mulamasah and munabadhah. As regards the two ways of dressing; they are the wrapping of the samma; and that when a man wraps himself up in a single garment while sitting in such a way that he does not cover his private parts or there is no garment on his private parts.The Chapter on Garments Forbidden Dress in HodHood Indexing, Chapter on Regarding Transactions Involving Ambiguity in Sunan Abu Dawoud

In Muwata Malik

Hadith PageArabic TextEnglish TranslationBook and Chapter
MuwataMalik-017-001-34909Yahya said; Malik said about Jamil Ibn Abdulrahman AlMuadhdin that he was present with Umar Ibn Abd AlAziz when he was judging between people. If a man came to him with a claim against a man; he examined whether or not there were frequent transactions and dealings between them. If there were; the defendant could make an oath. If there was nothing of that nature he did not accept an oath from him. Malik summed up; What is done in our community is that if some one makes a claim against a man; it is examined. If there are frequent transactions and dealings between them; the defendant is made to take an oath. If he takes an oath; the claim against him is dropped. If the defendant refuses to take an oath; and returns the oath to the claimant; the one claiming his right takes an oath and takes his due.The Chapter on False Oaths And Pledges in HodHood Indexing, The Book of The Evil Eye in Muwata Malik
MuwataMalik-017-001-35001Malik said; When a man owes money to another man and he asks him to let it stay with him as a quirad; that is disapproved of until the creditor receives his property. Then he can make it a qirad loan or keep it. That is because the debtor may be in a tight situation; and want to delay it to increase it for him. Malik spoke about an investor who made a qirad loan to a man; and some of the principal was lost before he used it; and then he used it and made a profit. The agent wanted to make the principal the remainder of the money after what was lost from it. Malik said; His statement is not accepted; and the principal is made up to its original amount from his profit. Then they divide what remains after the principal has been repaid according to the conditions of the qirad. Malik said; Qirad loan is only good in gold or silver coin and it is never permitted in any kind of wares or goods or articles. Malik said; There are certain transactions which if a long span of time passes after the transaction takes place; its revocation becomes unacceptable. As for usury; there is never anything except its rejection whether it is a little or a lot. What is permitted in other than it is not permitted in it because Allah; the Blessed and the Exalted; said in His Book; If you repent; you have your capital back; not wronging and not wronged. 32.4 Conditions Permitted in QiradThe Chapter on Financial Transactions And Profits in HodHood Indexing, The Book of Dress in Muwata Malik
MuwataMalik-017-001-35032Yahya related to me from Malik from a reliable source from Amr Ibn Shuayb from his father from his father father that the Messenger of Allah; may Allah bless him and grant him peace; forbade transactions in which nonrefundable deposits were paid. Malik said; That is; in our opinion; but Allah knows best; that for instance; a man buys a slave or slave-girl or rents an animal and then says to the person from whom he bought the slave or leased the animal; I will give you a dinar or a dirham or whatever on the condition that if I actually take the goods or ride what I have rented from you; then what I have given you already goes towards payment of the goods or hire of the animal. If I do not purchase the goods or hire the animal; then what I have given you is yours without liability on your part. Malik said; According to the way of doing things with us there is nothing wrong in bartering an arabic speaking merchant slave for abyssinian slaves or any other type that are not his equal in eloquence; trading; shrewdness; and know-how. There is nothing wrong in bartering one slave like this for two or more other slaves with a stated delay in the terms if he is clearly different. If there is no appreciable difference between the slaves; two should not be bartered for one with a stated delay in the terms even if their racial type is different. Malik said; There is nothing wrong in selling what has been bought in such a transaction before taking possession of all of it as long as you receive the price for it from some one other than the original owner. Malik said; An addition to the price must not be made for a foetus in the womb of its mother when she is sold because that is gharar an uncertain transaction. It is not known whether the child will be male or female; good-looking or ugly; normal or handicapped; alive or dead. All these things will affect the price. Malik said that in a transaction where a slave or slave-girl was bought for one hundred dinars with a stated credit period that if the seller regretted the sale there was nothing wrong in him asking the buyer to revoke it for ten dinars which he would pay him immediately or after a period and he would forgo his right to the hundred dinars which he was owed. Malik said; However; if the buyer regrets and asks the seller to revoke the sale of a slave or slave-girl in consideration of which he will pay an extra ten dinars immediately or on credit terms; extended beyond the original term; that should not be done. It is disapproved of because it is as if; for instance; the seller is buying the one hundred dinars which is not yet due on a year credit term before the year expires for a slave-girl and ten dinars to be paid immediately or on credit term longer than the year. This falls into the category of selling gold for gold when delayed terms enter into it. Malik said that it was not proper for a man to sell a slave-girl to another man for one hundred dinars on credit and then to buy her back for more than the original price or on a credit term longer than the original term for which he sold her. To understand why that was disapproved of in that case; the example of a man who sold a slave-girl on credit and then bought her back on a credit term longer than the original term was looked at. He might have sold her for thirty dinars with a month to pay and then buy her back for sixty dinars with a year or half a year to pay. The outcome would only be that his goods would have returned to him just like they were and the other party would have given him thirty dinars on a month credit against sixty dinars on a year or half a year credit. That was not to be done.The Chapter on Forbidden Financial Transaction in HodHood Indexing, The Book of Setting Free and Wala in Muwata Malik
MuwataMalik-017-001-35085Yahya related to me from Malik that he had heard the same as that from AlQasim Ibn Muhammad from Ibn Muayqib AlDawsi. Malik said; This is the way of doing things among us. Malik said; The generally agreed on way of doing things among us is that wheat is not sold for wheat; dates for dates; wheat for dates; dates for raisins; wheat for raisins; nor any kind of food sold for food at all; except from hand to hand. If there is any sort of delayed terms in the transaction; it is not good. It is haram. Condiments are not bartered except from hand to hand. Malik said; Food and condiments are not bartered when they are the same type; two of one kind for one of the other. A mudd of wheat is not sold for two mudds of wheat; nor a mudd of dates for two mudds of dates; nor a mudd of raisins for two mudds of raisins; nor is anything of that sort done with grains and condiments when they are of one kind; even if it is hand to hand. This is the same position as silver for silver and gold for gold. No increase is halal in the transaction; and only like for like; from hand to hand is halal. Malik said; If there is a clear difference in foodstuffs which are measured and weighed; there is no harm in taking two of one kind for one of another; hand to hand. There is no harm in taking a sa of dates for two sa of wheat; and a sa of dates for two sa of raisins; and a sa of wheat for two sa of ghee. If the two sorts in the transaction are different; there is no harm in two for one or more than that from hand to hand. If delayed terms enter into the sale; it is not halal. Malik said; It is not halal to trade a heap of wheat for a heap of wheat. There is no harm in a heap of wheat for a heap of dates; from hand to hand. That is because there is no harm in buying wheat with dates without precise measurement. Malik said; With kinds of foods and condiments that differ from each other; and the difference is clear; there is no harm in bartering one kind for another; without precise measurement from hand to hand. If delayed terms enter into the sale; there is no good in it. Bartering such things without precise measurement is like buying it with gold and silver without measuring precisely. Malik said; That is because you buy wheat with silver without measuring precisely; and dates with gold without measuring precisely; and it is halal. There is no harm in it. Malik said; It is not good for someone to make a heap of food; knowing its measure and then to sell it as if it had not been measured precisely; concealing its measure from the buyer. If the buyer wants to return that food to the seller; he can; because he concealed its measure and so it is an uncertain transaction. This is done with any kind of food or other goods whose measure and number the seller knows; and which he then sells without measurement and the buyer does not know that. If the buyer wants to return that to the seller; he can return t. The people of knowledge still forbid such a transaction. Malik said; There is no good in selling one round loaf of bread for two round loaves; nor large for small when some of them are bigger than others. When care is taken that they are like for like; there is no harm in the sale; even if they are not weighed. Malik said; It is not good to sell a mudd of butter and a mudd of milk for two mudds of butter. This is like what we described of selling dates when two sa of kabis and a sa of poor quality dates were sold for three sa of ajwa dates after the buyer had said to the seller; Two sa of kabis dates for three sa of ajwa dates is not good; and then he did that to make the transaction possible. The owner of the milk puts the milk with his butter so that he can use the superiority of his butter over the butter of the other party to put his milk in with it. Malik said; Flour for wheat is like for like; and there is no harm in that. That is if he does not mix up anything with the flour and sell it for wheat; like for like. Had he put half a mudd of flour and half of wheat; and then sold that for a mudd of wheat; it would be like what we described; and it would not be good because he would want to use the superiority of his good wheat to put flour along with it. Such a transaction is not good.The Chapter on Food And Dates in HodHood Indexing, The Book of Drinks in Muwata Malik
MuwataMalik-017-001-35095Yahya related to me from Malih from Nafi from Abdullah Ibn Umar that the Messenger of Allah; may Allah bless him and grant him peace; forbade the transaction called habal alhabala. It was a transaction which the people of Aljahiliya practised. A man would buy the unborn offspring of the unborn offspring of a camel.The Chapter on Forbidden In Utensils Earthenware in HodHood Indexing, The Book of Blood Money in Muwata Malik
MuwataMalik-017-001-35102Yahya related to me from Malik that he had heard that the Messenger of Allah; may Allah bless him and grant him peace; forbade selling and lending. Malik said; The explanation of what that meant is that one man says to another; I will take your goods for such-and-such if you lend me such-and-such. If they agree to a transaction in this manner; it is not permitted. If the one who stipulates the loan abandons his stipulation; then the sale is permitted. Malik said; There is no harm in exchanging linen from Shata; for garments from Itribi; or Qass; or Ziqa. Or the cloth of Herat or Merv for Yemeni cloaks and shawls and such like as one for two or three; from hand to hand or with delayed terms. If the goods are of the same kind; and deferment enters into the transaction; there is no good in it. Malik said; It is not good unless they are different; and the difference between them is clear. When they resemble each other; even if the names are different; do not take two for one with delayed terms; for instance two garments of Herat for one from Merv or Quhy with delayed terms; ortwo garments of Furqub for one from Shata. All these sorts are of the same description; so do not buy two for one; on delayed terms. Malik said; There is no harm in selling what you buy of things of this nature; before you complete the deal; to some one other than the person from whom you purchased them if the price was paid in cash.The Chapter on Financial Transaction And Food in HodHood Indexing, The Book of Blood Money in Muwata Malik
MuwataMalik-017-001-35108Yahya related to me from Malik from Abu Hazim Ibn Dinar from Said Ibn AlMusayab that the Messenger of Allah; may Allah bless him and grant him peace; forbade the sale with uncertainty in it. Malik said; An example of one type of uncertain transaction and risk is that a man intends the price of a stray animal or escaped slave to be fifty dinars. A man says; I will take him from you for twenty dinars. If the buyer finds him; thirty dinars goes from the seller; and if he does not find him; the seller takes twenty dinars from the buyer. Malik said; There is another fault in that. If that stray is found; it is not known whether it will have increased or decreased in value or what defects may have befallen it. This transaction is greatly uncertain and risky. Malik said; According to our way of doing things; one kind of uncertain transaction and risk is selling what is in the wombs of females - women and animals - because it is not known whether or not it will come out; and if it does come out; it is not known whether it will be beautiful or ugly; normal or disabled; male or female. All that is disparate. If it has that; its price is such-and-such; and if it has this; its price is such-and-such. Malik said; Females must not be sold with what is in their wombs excluded. That is that; for instance; a man says to another; The price of my sheep which has much milk is three dinars. She is yours for two dinars while I will have her future offspring. This is disapproved because it is an uncertain transaction and a risk. Malik said; It is not halal to sell olives for olive oil or sesame for sesame oil; or butter for ghee because muzabana comes into that; because the person who buys the raw product for something specified which comes from it; does not know whether more or less will come out of that; so it is an uncertain transaction and a risk. Malik said; A similar case is the selling of ben-nuts for ben-nut oil. This is an uncertain transaction because what comes from the ben-nut is ben-oil. There is no harm in selling ben-nuts for perfumed Bin because perfumed Bin has been perfumed; mixed and changed from the state of raw ben-nut oil. Malik; speaking about a man who sold goods to a man on the provision that there was to be no loss for the buyer; i.e. if the buyer could not re-sell the goods they could go back to the seller ; said; This transaction is not permitted and it is part of risk. The explanation of why it is so; is that it is as if the seller hired the buyer for the profit if the goods make a profit. If he sells the stock at a loss; he has nothing; and his efforts are not compensated. This is not good. In such a transaction; the buyer should have a wage according to the work that he has contributed. Whatever there is of loss or profit in those goods is for and against the seller. This is only when the goods are gone and sold. If they do not go; the transaction between them is null and void. Malik said; As for a man who buys goods from a man and he concludes the sale and then the buyer regrets and asks to have the price reduced and the seller refuses and says; Sell it and I will compensate you for any loss. There is no harm in this because there is no risk. It is something he proposes to him; and their transaction was not based on that. That is what is done among us.The Chapter on Financial Transaction And Partnership in HodHood Indexing, The Book of Blood Money in Muwata Malik
MuwataMalik-017-001-35109Yahya related to me from Malik from Muhammad Ibn Yahya Ibn Habban and from Abuz-Zinad from AlAraj from Abu Huraira that the Messenger of Allah; may Allah bless him and grant him peace; forbade mulamasa and munabadha. Malik said; Mulamasa is when a man can feel a garment but is not allowed to unfold it or examine what is in it; or he buys by night and does not know what is in it. Munabadha is that a man throws his garment to another; and the other throws his garment without either of them making any inspection. Each of them says; this is for this. This is what is forbidden of mulamasa and munabadha. Malik said that selling bundles with a list of their contents was different from the sale of the cloak concealed in a bag or the cloth folded up and such things. What made it different was that it was a common practice and it was what people were familiar with; and what people had done in the past; and it was still among the permitted transactions and trading of people in which they saw no harm because in the sale of bundles with a list of contents without undoing them; an uncertain transaction was not intended and it did not resemble mulamasa.The Chapter on Garments Forbidden Dress in HodHood Indexing, The Book of Blood Money in Muwata Malik
MuwataMalik-017-001-35112Yahya related to me from Malik from Nafi from Abdullah Ibn Umar that the Messenger of Allah; may Allah bless him and grant him peace; said; Both parties in a business transaction have the right of withdrawal as long as they have not separated; except in the transaction called khiyar. Malik said; There is no specified limit nor any matter which is applied in this case according to us.The Chapter on Precious Metals Transactions in HodHood Indexing, The Book of Blood Money in Muwata Malik
MuwataMalik-017-001-35113Malik related to me that he had heard that Abdullah Ibn Masud used to relate that the Messenger of Allah; may Allah bless him and grant him peace; said; When two parties dispute about a business transaction; the seller word is taken; or they make an agreement among themselves. Malik spoke about someone who sold goods to a man; and said at the contracting of the sale; I will sell to you provided I consult so-and-so. If he is satisfied; the sale is permitted. If he dislikes it; there is no sale between us. They made the transaction on that basis. Then the buyer regretted before the seller consulted the person. Malik said; That sale is binding on them according to what they described. The buyer has no right of withdrawal; and it is binding on him; if the person whom the seller stipulated to him; permits it. Malik said; The way of doing things among us about a man who buys goods from another and they differ about the price; and the seller says; I sold them to you for ten dinars; and the buyer says; I bought them from you for five dinars; is that it is said to the seller; If you like; give them to the buyer for what he said. If you like; swear by Allah that you only sold your goods for what you said. If he swears it is said to the buyer; Either you take the goods for what the seller said; or you swear by Allah that you bought them only for what you said. If he swears; he is free to return the goods. That is when each of them testifies against the other.The Chapter on Financial Transaction And Partnership in HodHood Indexing, The Book of Blood Money in Muwata Malik
MuwataMalik-017-001-35116Malik related to me that Zayd Ibn Aslam said; Usury in the Aljahiliya was that a man would give a loan to a man for a set term. When the term was due; he would say; Will you pay it off or increase me? If the man paid; he took it. If not; he increased him in his debt and lengthened the term for him. Malik said; The disapproved of way of doing things about which there is no dispute among us; is that a man should give a loan to a man for a term; and then the demander reduce it and the one from whom it is demanded pay it in advance. To us that is like someone who delays repaying his debt after it is due to his creditor and his creditor increases his debt. Malik said; This is nothing else but usury. No doubt about it. Malik spoke about a man who loaned one hundred dinars to a man for two terms. When it was due; the person who owed the debt said to him; Sell me some goods; whose price is one hundred dinars in cash for one hundred and fifty on credit. Malik said; This transaction is not good; and the people of knowledge still forbid it. Malik said; This is disapproved of because the creditor himself gives the debtor the price of what the man sells him; and he defers repayment of the hundred of the first transaction for the debtor for the term which is mentioned to him in the second transaction; and the debtor increases him with fifty dinars for his deferring him. That is disapproved of and it is not good. It also resembles the hadith of Zayd Ibn Aslam about the transactions of the people of the Aljahiliya. When their debts were due; they said to the person with the debt; Either you pay in full or you increase it. If they paid; they took it; and if not they increased debtors in their debts; and extended the term for them.The Chapter on Financial Transactions And Gold in HodHood Indexing, The Book of Blood Money in Muwata Malik
MuwataMalik-017-001-35119Malik said there was no harm if a man who sold some drapery and excluded some garments by their markings; stipulated that he chose the marked ones from that. If he did not stipulate that he would choose from them when he made the exclusion; I think that he is partner in the number of drapery goods which were purchased from him. That is because two garments can be alike in marking and be greatly different in price. Malik said; The way of doing things among us is that there is no harm in partnership; transferring responsibility to an agent; and revocation when dealing with food and other things; whether or not possession was taken; when the transaction is with cash; and there is no profit; loss; or deferment of price in it. If profit or loss or deferment of price from one of the two enters any of these transactions; it becomes sale which is made halal by what makes sale halal; and made haram by what makes sale haram; and it is not partnership; transferring responsibility to an agent; or revocation. Malik spoke about some one who bought drapery goods or slaves; and the sale was concluded; then a man asked him to be his partner and he agreed and the new partner paid the whole price to the seller and then something happened to the goods which removed them from their possession. Malik said; The new partner takes the price from the original partner and the original partner demands from the seller the whole price unless the original partner stipulated on the new partner during the sale and before the transaction with the seller was completed that the seller was responsible to him. If the transaction has ended and the seller has gone; the pre-condition of the original partner is void; and he has the responsibility. Malik spoke about a man who asked another man to buy certain goods to share between them; and he wanted the other man to pay for him and he would sell the goods for the other man. Malik said; That is not good. When he says; Pay for me and I will sell it for you; it becomes a loan which he makes to him in order that he sell it for him and if those goods are destroyed; or pass; the man who paid the price will demand from his partner what he put in for him. This is part of the advance which brings in profit. Malik said; If a man buys goods; and they are settled for him; and then a man says to him; Share half of these goods with me; and I will sell them all for you; that is halal; there is no harm in it. The explanation of that is that this is a new sale and he sells him half of the goods provided that he sells the whole lot.The Chapter on Financial Transaction And Partnership in HodHood Indexing, The Book of Blood Money in Muwata Malik
MuwataMalik-017-001-35131Yahya related to me from Malik from Abdullah Ibn Dinar from Abdullah Ibn Umar that a man mentioned to the Messenger of Allah; may Allah bless him and grant him peace; that he was always being cheated in business transactions. The Messenger of Allah; may Allah bless him and grant him peace; said; When you enter a transaction; say; No trickery. So whenever that man entered a transaction; he would say; No trickery.The Chapter on Peace And Ablution in HodHood Indexing, The Book of Blood Money in Muwata Malik

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