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(Book 31, Hadith 82) #36423
Selling Goods on Credit

SUMMARY: It is not permissible to accept increase or give to anyone when selling goods on credit.

Yahya related to me from Malik from Abu'z-Zinad from Busr ibn Said from Ubayd, Abu Salih, the mawla of as-Saffah that he said, "I sold drapery to the people of Dar Nakhla on credit. Then I wanted to go to Kufa, so they proposed that I reduce the price for them and they would pay me immediately . I asked Zayd ibn Thabit about that, and he said, 'I order you not to accept increase or to give to anybody'. "
حَدَّثَنِي يَحْيَى، عَنْ مَالِكٍ، عَنْ أَبِي الزِّنَادِ، عَنْ بُسْرِ بْنِ سَعِيدٍ، عَنْ عُبَيْدٍ أَبِي صَالِحٍ، مَوْلَى السَّفَّاحِ أَنَّهُ قَالَ بِعْتُ بَزًّا لِي مِنْ أَهْلِ دَارِ نَخْلَةَ إِلَى أَجَلٍ ثُمَّ أَرَدْتُ الْخُرُوجَ إِلَى الْكُوفَةِ فَعَرَضُوا عَلَىَّ أَنْ أَضَعَ عَنْهُمْ بَعْضَ الثَّمَنِ وَيَنْقُدُونِي فَسَأَلْتُ عَنْ ذَلِكَ زَيْدَ بْنَ ثَابِتٍ فَقَالَ لاَ آمُرُكَ أَنْ تَأْكُلَ هَذَا وَلاَ تُوكِلَهُ

TOPICS
selling  *  credit  *  increase  *  permissible  *  tijarah  *  rahn  *  istihbab  *  jaiz

QUICK LESSONS:
Seek advice from knowledgeable people before making any decisions regarding business dealings; Be honest in all business dealings; Do not take advantage of others by accepting more than what you are owed or giving something away without receiving payment for it; Follow Islamic teachings when conducting business transactions; Respect other's rights even if they owe you money; Treat everyone fairly regardless of their financial status.

EXPLANATIONS:
This hadith is about the permissibility of selling goods on credit. The narrator Ubayd was selling drapery to the people of Dar Nakhla and they proposed that he reduce the price for them in exchange for immediate payment. He then asked Zayd ibn Thabit about this situation and he said it was not permissible to accept increase or give anything away when selling goods on credit. This hadith teaches us that it is important to be honest in our business dealings and not take advantage of others by accepting more than what we are owed or giving away something without receiving payment for it. We should also seek advice from knowledgeable people if we are unsure about a situation before making any decisions.

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