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Sahih Muslim 1528b (Book 21, Hadith 48) #10976
Prohibiting Transactions Involving Interest

SUMMARY: This hadith is about the prohibition of transactions involving interest and documents, as well as the consequences of not following this rule.

Abu 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 said: You have made lawful the transactions with the help of documents only, whereas Allah's Messenger 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.
حَدَّثَنَا إِسْحَاقُ بْنُ إِبْرَاهِيمَ، أَخْبَرَنَا عَبْدُ اللَّهِ بْنُ الْحَارِثِ الْمَخْزُومِيُّ، حَدَّثَنَا الضَّحَّاكُ، بْنُ عُثْمَانَ عَنْ بُكَيْرِ بْنِ عَبْدِ اللَّهِ بْنِ الأَشَجِّ، عَنْ سُلَيْمَانَ بْنِ يَسَارٍ، عَنْ أَبِي هُرَيْرَةَ، أَنَّهُ قَالَ لِمَرْوَانَ أَحْلَلْتَ بَيْعَ الرِّبَا ‏.‏ فَقَالَ مَرْوَانُ مَا فَعَلْتُ ‏.‏ فَقَالَ أَبُو هُرَيْرَةَ أَحْلَلْتَ بَيْعَ الصِّكَاكِ وَقَدْ نَهَى رَسُولُ اللَّهِ عَنْ بَيْعِ الطَّعَامِ حَتَّى يُسْتَوْفَى ‏.‏ قَالَ فَخَطَبَ مَرْوَانُ النَّاسَ فَنَهَى عَنْ بَيْعِهَا ‏.‏ قَالَ سُلَيْمَانُ فَنَظَرْتُ إِلَى حَرَسٍ يَأْخُذُونَهَا مِنْ أَيْدِي النَّاسِ

TOPICS
milk  *  transaction  *  interest  *  document  *  possession  *  tijarah  *  riba  *  wathiqah

QUICK LESSONS:
Follow Islamic teachings when engaging in any type of transaction; take full possession before trading foodgrains; avoid any type of transaction involving interest or documents

EXPLANATIONS:
This hadith discusses the importance of avoiding transactions involving interest. Abu Huraira asked Marwan if he had made such transactions lawful, to which Marwan replied that he hadn't done so. Abu Huraira then reminded him that Allah's Messenger forbade such transactions until full possession was taken of them. As a result, Marwan addressed the people and warned them against entering into these types of transactions. The sentinels were then seen snatching documents from people who were engaging in these activities. This hadith teaches us that it is important to avoid any type of transaction involving interest or documents, as it goes against Islamic teachings and can have serious consequences if not followed properly.

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