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Sunan Ibn Majah 2195 (Book 12, Hadith 59) #31547
Forbidden Transactions

SUMMARY: The Prophet Muhammad forbade Gharar transactions.

It was narrated that Ibn 'Abbas said: "The Messenger of Allah forbade Gharar transactions".
حَدَّثَنَا أَبُو كُرَيْبٍ، وَالْعَبَّاسُ بْنُ عَبْدِ الْعَظِيمِ الْعَنْبَرِيُّ، قَالاَ حَدَّثَنَا الأَسْوَدُ بْنُ عَامِرٍ، حَدَّثَنَا أَيُّوبُ بْنُ عُتْبَةَ، عَنْ يَحْيَى بْنِ أَبِي كَثِيرٍ، عَنْ عَطَاءٍ، عَنِ ابْنِ عَبَّاسٍ، قَالَ نَهَى رَسُولُ اللَّهِ ـ ـ عَنْ بَيْعِ الْغَرَرِ

TOPICS
transaction  *  prohibition  *  tijarah  *  nahy  *  gharar

QUICK LESSONS:
Strive for fairness & justice in dealings with others

EXPLANATIONS:
The Prophet Muhammad taught us that certain types of transactions are forbidden. These are known as Gharar transactions, which involve a high degree of uncertainty or risk. This means that the buyer and seller do not know exactly what they are getting into when they enter into such a transaction, and it can lead to unfairness or exploitation on either side. Therefore, the Prophet Muhammad warned us against engaging in these types of transactions in order to protect ourselves from harm and injustice.

The Prophet Muhammad also taught us that we should always strive for fairness and justice in our dealings with others, even if it means sacrificing our own interests for the sake of others'. This is an important lesson for all Muslims to remember when engaging in any type of transaction or business deal. We must always be mindful of how our actions may affect those around us, and strive to ensure that everyone involved is treated fairly and justly.

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