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Sunan an-Nasai 4477 (Book 44, Hadith 29) #19010
Trade Transactions and Agreements

SUMMARY: 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.

It 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.
أَخْبَرَنَا عَبْدُ الْحَمِيدِ بْنُ مُحَمَّدٍ، قَالَ حَدَّثَنَا مَخْلَدٌ، قَالَ حَدَّثَنَا سُفْيَانُ، عَنْ عَمْرِو بْنِ دِينَارٍ، عَنِ ابْنِ عُمَرَ، قَالَ قَالَ رَسُولُ اللَّهِ ‏ "‏ كُلُّ بَيِّعَيْنِ لاَ بَيْعَ بَيْنَهُمَا حَتَّى يَتَفَرَّقَا إِلاَّ بَيْعَ الْخِيَارِ

TOPICS
bay  *  trade  *  transaction  *  agreement  *  separation  *  qaradah  *  mithaq  *  inqisam

QUICK LESSONS:
Be honest and fair when engaging in any kind of business transactions with others; Be clear about what has been agreed upon so there are no misunderstandings later on; Choose to conclude a transaction if both parties agree upon it; Respect agreements made between two people even after separation .

EXPLANATIONS:
This hadith explains that when two people meet to engage in a trade or business transaction, it is not binding until they separate unless they have agreed upon a conclusion. This means that if one of the parties changes their mind before separating then the agreement is void and no longer valid. The Prophet Muhammad also taught us that it is important for both parties involved in any kind of agreement or contract to be clear about what has been agreed upon so there are no misunderstandings later on. It also teaches us that we should be honest and fair when engaging in any kind of business transactions with others.

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