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Sahih Muslim 1594c (Book 22, Hadith 125) #11201
Exchange of Gold & Silver

SUMMARY: It is permissible to exchange gold and silver for silver and gold, but it is not permissible to add something extra in order to get a better quality of goods.

Abu Nadra reported: I asked Ibn Abbas (Allah be pleased with them) about the conversion (of gold and silver for silver and gold). We said: Is it hand to hand exchange? I said: Yes. whereupon he said: There is no harm in it. I informed Abu Sa'id about it, telling him that I had asked Ibn 'Abbas about it and he said: Is it hand to hand exchange? I said: Yes, whereupon he said: There is no harm in it. He (the narrator) said, or he said like it: We will soon write to him, and he will not give you this fatwa (religious verdict). He said: By Allah, someone of the boy-servants of Allah's Messenger brought dates, but he refused to accept them (on the plea) that those did not seem to be of the dates of our land. He said: Something had happened to the dates of our land, or our dates. So I got these dates (in exchange by giving) excess (of the dates of our land), whereupon he said: You made an addition for getting the fine dates (in exchange) which tantamounts, to interest; don't do that (in future). Whenever you find some doubt (as regards the deteriorating quality of) your dates, sell them, and then buy the dates that you like.
حَدَّثَنِي عَمْرٌو النَّاقِدُ، حَدَّثَنَا إِسْمَاعِيلُ بْنُ إِبْرَاهِيمَ، عَنْ سَعِيدٍ الْجُرَيْرِيِّ، عَنْ أَبِي، نَضْرَةَ قَالَ سَأَلْتُ ابْنَ عَبَّاسٍ عَنِ الصَّرْفِ، فَقَالَ أَيَدًا بِيَدٍ قُلْتُ نَعَمْ ‏.‏ قَالَ فَلاَ بَأْسَ بِهِ ‏.‏ فَأَخْبَرْتُ أَبَا سَعِيدٍ فَقُلْتُ إِنِّي سَأَلْتُ ابْنَ عَبَّاسٍ عَنِ الصَّرْفِ فَقَالَ أَيَدًا بِيَدٍ قُلْتُ نَعَمْ ‏.‏ قَالَ فَلاَ بَأْسَ بِهِ ‏.‏ قَالَ أَوَقَالَ ذَلِكَ إِنَّا سَنَكْتُبُ إِلَيْهِ فَلاَ يُفْتِيكُمُوهُ قَالَ فَوَاللَّهِ لَقَدْ جَاءَ بَعْضُ فِتْيَانِ رَسُولِ اللَّهِ بِتَمْرٍ فَأَنْكَرَهُ فَقَالَ ‏"‏ كَأَنَّ هَذَا لَيْسَ مِنْ تَمْرِ أَرْضِنَا ‏"‏ ‏.‏ قَالَ كَانَ فِي تَمْرِ أَرْضِنَا - أَوْ فِي تَمْرِنَا - الْعَامَ بَعْضُ الشَّىْءِ فَأَخَذْتُ هَذَا وَزِدْتُ بَعْضَ الزِّيَادَةِ ‏.‏ فَقَالَ ‏"‏ أَضْعَفْتَ أَرْبَيْتَ لاَ تَقْرَبَنَّ هَذَا إِذَا رَابَكَ مِنْ تَمْرِكَ شَىْءٌ فَبِعْهُ ثُمَّ اشْتَرِ الَّذِي تُرِيدُ مِنَ التَّمْرِ

TOPICS
exchange  *  gold  *  silver  *  quality  *  addition  *  tawriq  *  thahab  *  fiddah  *  qawl  *  izfa

QUICK LESSONS:
Be honest while trading with others; Do not take advantage by adding something extra; Trade hand-to-hand without any addition or excess given; Sell off your own product if you have doubts about its quality before buying another one; Be fair while trading with others; Respect other people’s property rights while trading with them.

EXPLANATIONS:
This hadith discusses the permissibility of exchanging gold and silver for silver and gold. It is permissible as long as it is done hand-to-hand without any addition or excess given in order to get a better quality of goods. The hadith also mentions that if there are doubts about the quality of one’s own goods then they should be sold off first before buying the desired good with no addition or excess given. This teaches us that we should not take advantage of others by adding something extra when exchanging goods with them in order to get a better quality product than what we are giving away. We should also be honest about our own products so that others do not feel cheated when trading with us.

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