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Sunan an-Nasai 4578 (Book 44, Hadith 130) #19111
Selling Gold & Silver

SUMMARY: The Prophet Muhammad forbade selling silver for silver and gold for gold, unless it was of equal amounts. He allowed selling gold for silver and silver for gold however one wanted.

'Abdur-Rahman bin Abi Bakrah narrated that his father said: "The Messenger of Allah forbade selling silver for silver and gold for gold, unless it was of equal amounts. And he told us to sell gold for silver however we wanted, and silver for gold however we wanted.
وَفِيمَا قَرَأَ عَلَيْنَا أَحْمَدُ بْنُ مَنِيعٍ قَالَ حَدَّثَنَا عَبَّادُ بْنُ الْعَوَّامِ، قَالَ حَدَّثَنَا يَحْيَى بْنُ أَبِي إِسْحَاقَ، قَالَ حَدَّثَنَا عَبْدُ الرَّحْمَنِ بْنُ أَبِي بَكْرَةَ، عَنْ أَبِيهِ، قَالَ نَهَى رَسُولُ اللَّهِ عَنْ بَيْعِ الْفِضَّةِ بِالْفِضَّةِ وَالذَّهَبِ بِالذَّهَبِ إِلاَّ سَوَاءً بِسَوَاءٍ وَأَمَرَنَا أَنْ نَبْتَاعَ الذَّهَبَ بِالْفِضَّةِ كَيْفَ شِئْنَا وَالْفِضَّةَ بِالذَّهَبِ كَيْفَ شِئْنَا

TOPICS
bay  *  selling  *  gold  *  silver  *  amounts  *  dhahab  *  fiddah  *  musawwam

QUICK LESSONS:
Buy & sell precious metals fairly & equally

EXPLANATIONS:
The Prophet Muhammad taught us that when buying or selling precious metals such as gold and silver, we should do so in equal amounts. This means that if someone wants to buy a certain amount of gold, they should pay the same amount in silver. Similarly, if someone wants to buy a certain amount of silver, they should pay the same amount in gold. This is because these two metals are valuable commodities and it would be unfair to take advantage of someone by paying them less than what their goods are worth. Additionally, this hadith teaches us about fairness and justice when dealing with others in business transactions. We must always strive to be fair and just when conducting any type of transaction with another person or entity so that everyone involved can benefit from the exchange without feeling taken advantage of or cheated out of their money or goods.

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