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Sahih al-Bukhari 2060, 2061 (Book 34, Hadith 14) #1977
Permissibility of Money Exchange

SUMMARY: Money exchange is permissible if it is done from hand to hand, otherwise it is not allowed.

Narrated Abu Al-Minhal: I used to practice money exchange, and I asked Zaid bin 'Arqam about it, and he narrated what the Prophet said in the following: Abu Al-Minhal said, "I asked Al-Bara' bin 'Azib and Zaid bin Arqam about practicing money exchange. They replied, 'We were traders in the time of Allah's Messenger and I asked Allah's Messenger about money exchange. He replied, 'If it is from hand to hand, there is no harm in it; otherwise it is not permissible".
حَدَّثَنَا أَبُو عَاصِمٍ، عَنِ ابْنِ جُرَيْجٍ، قَالَ أَخْبَرَنِي عَمْرُو بْنُ دِينَارٍ، عَنْ أَبِي الْمِنْهَالِ، قَالَ كُنْتُ أَتَّجِرُ فِي الصَّرْفِ، فَسَأَلْتُ زَيْدَ بْنَ أَرْقَمَ ـ رضى الله عنه ـ فَقَالَ قَالَ النَّبِيُّ ‏.‏ وَحَدَّثَنِي الْفَضْلُ بْنُ يَعْقُوبَ، حَدَّثَنَا الْحَجَّاجُ بْنُ مُحَمَّدٍ، قَالَ ابْنُ جُرَيْجٍ أَخْبَرَنِي عَمْرُو بْنُ دِينَارٍ، وَعَامِرُ بْنُ مُصْعَبٍ، أَنَّهُمَا سَمِعَا أَبَا الْمِنْهَالِ، يَقُولُ سَأَلْتُ الْبَرَاءَ بْنَ عَازِبٍ وَزَيْدَ بْنَ أَرْقَمَ عَنِ الصَّرْفِ، فَقَالاَ كُنَّا تَاجِرَيْنِ عَلَى عَهْدِ رَسُولِ اللَّهِ فَسَأَلْنَا رَسُولَ اللَّهِ عَنِ الصَّرْفِ فَقَالَ ‏ "‏ إِنْ كَانَ يَدًا بِيَدٍ فَلاَ بَأْسَ، وَإِنْ كَانَ نَسَاءً فَلاَ يَصْلُحُ

TOPICS
money  *  exchange  *  permissible  *  maal  *  tawapheek  *  mubah  *  yadayn  *  handtohand

QUICK LESSONS:
Seek guidance before engaging in any financial activities or transactions .

EXPLANATIONS:
This hadith discusses the permissibility of money exchange. It states that money exchange is permissible if it is done from hand to hand, otherwise it is not allowed. This hadith teaches us that we should be careful when dealing with money and should only do so in a way that has been approved by Allah's Messenger. We should also be aware of any potential risks associated with exchanging money and take precautions to ensure our safety. Furthermore, this hadith reminds us to always seek guidance from Allah's Messenger before engaging in any financial activities or transactions as He knows best what will bring us benefit in this life and the hereafter.

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