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(Book 31, Hadith 32) #36374
Avoiding Unfair Currency Exchange

SUMMARY: The Prophet Muhammad (PBUH) advised Uthman ibn Affan not to sell a single unit of currency for double its value.

Yahya related to me from Malik that he had heard from his grandfather, Malik ibn Abi Amir that Uthman ibn Affan said, "The Messenger of Allah, may Allah bless him and grant him peace, said to me, 'Do not sell a dinar for two dinars nor a dirham for two Dirhams'. "
وَحَدَّثَنِي عَنْ مَالِكٍ، أَنَّهُ بَلَغَهُ عَنْ جَدِّهِ، مَالِكِ بْنِ أَبِي عَامِرٍ أَنَّ عُثْمَانَ بْنَ عَفَّانَ، قَالَ قَالَ لِي رَسُولُ اللَّهِ ‏ "‏ لاَ تَبِيعُوا الدِّينَارَ بِالدِّينَارَيْنِ وَلاَ الدِّرْهَمَ بِالدِّرْهَمَيْنِ

TOPICS
currency  *  exchange  *  value

QUICK LESSONS:
Be honest and fair in economic transactions.

EXPLANATIONS:
This hadith is about the importance of fairness in economic transactions. The Prophet Muhammad (PBUH) advised Uthman ibn Affan not to sell a single unit of currency for double its value. This means that people should not take advantage of others by charging them more than what something is worth or by taking advantage of their ignorance or desperation. It also teaches us the importance of being honest and fair in our dealings with others and avoiding any kind of exploitation or unfairness in our economic transactions.

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