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Sunan Abi Dawud 3447 (Book 24, Hadith 32) #23737
The Sin of Hoarding Goods

SUMMARY: Hoarding goods until their price rises is a sin.

Narrated Ma'mar b. Abi Ma'mar, one of the children of 'Adi b. Ka'b: The Messenger of Allah as saying: No one withholds goods till their price rises but a sinner. I said to Sa'id (b. al-Musayyab): You withhold goods till their price rises. He said: Ma'mar used to withhold goods till their price rose. Abu Dawud said: I asked Ahmad (b. Hanbal): What is hoarding (hukrah) ? He replied: That on which people live. Abu Dawud said: Al-Auza'i said: A muhtakir (one who hoards) is one who withholds supply of goods in the market.
حَدَّثَنَا وَهْبُ بْنُ بَقِيَّةَ، أَخْبَرَنَا خَالِدٌ، عَنْ عَمْرِو بْنِ يَحْيَى، عَنْ مُحَمَّدِ بْنِ عَمْرِو بْنِ عَطَاءٍ، عَنْ سَعِيدِ بْنِ الْمُسَيَّبِ، عَنْ مَعْمَرِ بْنِ أَبِي مَعْمَرٍ، أَحَدِ بَنِي عَدِيِّ بْنِ كَعْبٍ قَالَ قَالَ رَسُولُ اللَّهِ ‏ "‏ لاَ يَحْتَكِرُ إِلاَّ خَاطِئٌ ‏"‏ ‏.‏ فَقُلْتُ لِسَعِيدٍ فَإِنَّكَ تَحْتَكِرُ قَالَ وَمَعْمَرٌ كَانَ يَحْتَكِرُ ‏.‏ قَالَ أَبُو دَاوُدَ وَسَأَلْتُ أَحْمَدَ مَا الْحُكْرَةُ قَالَ مَا فِيهِ عَيْشُ النَّاسِ ‏.‏ قَالَ أَبُو دَاوُدَ قَالَ الأَوْزَاعِيُّ الْمُحْتَكِرُ مَنْ يَعْتَرِضُ السُّوقَ

TOPICS
hoarding  *  supply  *  market  *  sin

QUICK LESSONS:
Be honest and fair with your dealings in the market so that everyone can benefit from it equally without any harm being caused to anyone else's interests or rights .

EXPLANATIONS:
This hadith explains that hoarding goods until their price rises is a sin according to the Prophet Muhammad ﷺ. Hoarding is defined as withholding supply of goods in the market and it can be done by people who live off it or for other reasons. Sa'id b. al-Musayyab was an example of someone who used to withhold goods till their price rose and he was reprimanded for it by Ma'mar b. Abi Ma'mar, one of the children of 'Adi b. Ka'b who narrated this hadith from Prophet Muhammad ﷺ himself. This hadith teaches us that we should not hoard goods in order to make more money but instead we should be honest and fair with our dealings in the market so that everyone can benefit from it equally without any harm being caused to anyone else's interests or rights.

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