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Sunan an-Nasai 4472 (Book 44, Hadith 24) #19005
Binding Transactions

SUMMARY: When two people enter into a transaction, they have the choice to decide until they separate. If one tells the other to decide and they agree upon something, then the transaction is binding.

It was narrated from Al-Laith, 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". (Sahih )
أَخْبَرَنَا قُتَيْبَةُ، قَالَ حَدَّثَنَا اللَّيْثُ، عَنْ نَافِعٍ، عَنِ ابْنِ عُمَرَ، عَنْ رَسُولِ اللَّهِ قَالَ ‏"‏ إِذَا تَبَايَعَ الرَّجُلاَنِ فَكُلُّ وَاحِدٍ مِنْهُمَا بِالْخِيَارِ حَتَّى يَفْتَرِقَا ‏"‏ ‏.‏ وَقَالَ مَرَّةً أُخْرَى ‏"‏ مَا لَمْ يَتَفَرَّقَا وَكَانَا جَمِيعًا أَوْ يُخَيِّرَ أَحَدُهُمَا الآخَرَ فَإِنْ خَيَّرَ أَحَدُهُمَا الآخَرَ فَتَبَايَعَا عَلَى ذَلِكَ فَقَدْ وَجَبَ الْبَيْعُ فَإِنْ تَفَرَّقَا بَعْدَ أَنْ تَبَايَعَا وَلَمْ يَتْرُكْ وَاحِدٌ مِنْهُمَا الْبَيْعَ فَقَدْ وَجَبَ الْبَيْعُ

TOPICS
transaction  *  choice  *  separate  *  agree  *  binding

QUICK LESSONS:
Be honest in your dealings with others; Respect others' opinions; Follow through with agreements made between you and another person; Make sure all transactions are completed or cancelled before separating from each other.

EXPLANATIONS:
This hadith talks about transactions between two people. It states that when two people enter into a transaction, each of them has the choice until they separate. This means that both parties have an equal say in deciding what will happen with their transaction until it is completed or cancelled. The hadith also states that if one person tells the other to decide and both parties agree on something then this agreement is binding and must be followed through with. This teaches us that we should always be honest in our dealings with others and respect their opinions when making decisions together.

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