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Sunan Ibn Majah 2172 (Book 12, Hadith 36) #31524
Fair Trading Practices

SUMMARY: A person should not try to outsmart or outsell another person when trading.

lt was narrated from Abu Hurairah that the Prophet said: "A man is not to undersell his brother, nor is he to fry to out haggle his brother".
حَدَّثَنَا هِشَامُ بْنُ عَمَّارٍ، حَدَّثَنَا سُفْيَانُ، عَنِ الزُّهْرِيِّ، عَنْ سَعِيدِ بْنِ الْمُسَيَّبِ، عَنْ أَبِي هُرَيْرَةَ، عَنِ النَّبِيِّ ـ ـ قَالَ ‏ "‏ لاَ يَبِيعُ الرَّجُلُ عَلَى بَيْعِ أَخِيهِ وَلاَ يَسُومُ عَلَى سَوْمِ أَخِيهِ

TOPICS
trade  *  haggle  *  outsmart

QUICK LESSONS:
Be honest & fair in your dealings with others while trading goods & services .

EXPLANATIONS:
This hadith is about the importance of fair trading practices. It teaches us that we should not try to take advantage of our fellow traders by underselling them or trying to haggle them down too much. We should be honest and fair in our dealings with others, and treat them as we would like to be treated ourselves. This hadith also reminds us that Allah is watching over us, and He will reward those who are honest in their dealings with others.

The Prophet Muhammad ﷺ taught us that it is wrong for a person to try and take advantage of another person when trading goods or services. He said that a man should not undersell his brother, nor should he try to out haggle him either. This means that we must always be fair in our dealings with others, no matter what the situation may be. We must remember that Allah is watching over us at all times, so it's important for us to act honestly and fairly towards one another if we want His blessings in this life and the next.

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