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Sunan Ibn Majah 2490 (Book 16, Hadith 55) #31842
Investing in Similar Properties

SUMMARY: Whoever sells a house or property should use the money for something similar, otherwise they will not be blessed.

It was narrated that Sa'eed bin Huraith said: "I heard the Messenger of Allah said: 'Whoever sells a house or property and does not use the money for something similar, deserves not to be blessed therein'. "
حَدَّثَنَا أَبُو بَكْرِ بْنُ أَبِي شَيْبَةَ، حَدَّثَنَا وَكِيعٌ، حَدَّثَنَا إِسْمَاعِيلُ بْنُ إِبْرَاهِيمَ بْنِ مُهَاجِرٍ، عَنْ عَبْدِ الْمَلِكِ بْنِ عُمَيْرٍ، عَنْ سَعِيدِ بْنِ حُرَيْثٍ، قَالَ سَمِعْتُ رَسُولَ اللَّهِ يَقُولُ ‏ "‏ مَنْ بَاعَ دَارًا أَوْ عَقَارًا فَلَمْ يَجْعَلْ ثَمَنَهُ فِي مِثْلِهِ كَانَ قَمِنًا أَنْ لاَ يُبَارَكَ فِيهِ

TOPICS
selling  *  property  *  similar  *  blessing  *  tijarah  *  amwal  *  mutabaah  *  barakah

QUICK LESSONS:
Invest your money wisely and make sure you are using it to purchase something of equal value so you can benefit from it in the long run.

EXPLANATIONS:
This hadith is about investing in similar properties. It was narrated by Sa’eed bin Huraith that the Prophet Muhammad said that whoever sells a house or property and does not use the money for something similar, deserves not to be blessed therein. This means that if someone sells their house or property and does not invest the money into another similar asset, then they will not receive any blessings from it. The lesson here is to invest your money wisely and make sure you are using it to purchase something of equal value so you can benefit from it in the long run.

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