Category:The Chapter on Financial Transactions And Profits in HodHood Indexing

The Book of Prostration During Recital of Quran in Sahih AlBukhari Key Points

1. Amr Bin shuaib said My father told me mar rating from his father from his father and he mentioned Abdullah Bin Amr that he said The Messenger of Allah said It is not permissible to lend on the condition of a sale or to stipulate two conditions in one transaction or to make a profit on that which you do not possess . SunanAlTermithi-017-001-9650 Category:The Chapter on Financial Transactions And Profits in HodHood Indexing
2. lt was narrated from Salih Bin Suhaib that his father said The Messenger of Allah said There are three things in which there is blessing A sale with deferred payment Muqaradhah profit sharing and mixing wheat with barley for one house but not for sale . SunanAbuDawoud-017-001-29264 Category:The Chapter on Financial Transactions And Profits in HodHood Indexing
3. It is disapproved of for an investor to make as a condition on an agent in qirad that he only buy certain goods unless the goods which he orders him to buy are in plentiful supply and do not fail either in winter or summer . MuwataMalik-017-001-35001 Category:The Chapter on Financial Transactions And Profits in HodHood Indexing
4. He said That is not good even if it is only one dirham unless he stipulates that half the profit is his and half the profit is the agent or a third or a fourth or whatever . MuwataMalik-017-001-35002 Category:The Chapter on Financial Transactions And Profits in HodHood Indexing
5. In qirad there is no sale no rent no work no advance and no convenience which one party specifies to himself without the other party sharing unless one party allows it to the other unconditionally as a favour and that is alright to both . MuwataMalik-017-001-35002 Category:The Chapter on Financial Transactions And Profits in HodHood Indexing
6. Malik said It is not good for the investor to stipulate that the agent pay any zakat due from his portion of the profit in particular because the investor by stipulating that stipulates fixed increase for himself from the profit because the portion of zakat he would be liable for by his portion of the profit is removed from him . MuwataMalik-017-001-35003 Category:The Chapter on Financial Transactions And Profits in HodHood Indexing
7. Yahya said that Malik said No one should make a qirad loan except in coin because the loan must not be in wares since loaning wares can only be worked in one of two ways Either the owner of the wares says to the borrower Take these wares and sell them . MuwataMalik-017-001-35003 Category:The Chapter on Financial Transactions And Profits in HodHood Indexing
8. It may happen that the investor gives the goods to the agent at a time in which they are in demand and expensive and then the agent returns them while they are cheap and he might have bought them for only a third of the original price or even less than that . MuwataMalik-017-001-35004 Category:The Chapter on Financial Transactions And Profits in HodHood Indexing
9. Then the money is qirad from the day the money became cash and collected as coin and it is returned as a qirad like that . MuwataMalik-017-001-35004 Category:The Chapter on Financial Transactions And Profits in HodHood Indexing
10. It was not profitable to sell them and the agent feared a loss if he sold them so he hired transport to take them to another city and he sold them there and made a loss and the cost of the hire was greater than the principal . MuwataMalik-017-001-35004 Category:The Chapter on Financial Transactions And Profits in HodHood Indexing
11. Yahya said that Malik said The generally agreed on way of doing things among us about an investor who pays qirad money to an agent to buy goods and the agent then sells the goods for a price to be paid later and has a profit in the transaction then the agent dies before he has received payment is that if his heirs want to take that money they have their father stipulated portion from the profit . MuwataMalik-017-001-35007 Category:The Chapter on Financial Transactions And Profits in HodHood Indexing
12. Yahya said that Malik spoke about an investor who gave qirad money to a man and then the man sought a loan from the investor or the investor borrowed money from the agent or the investor left goods with the agent to sell for him or the investor gave the agent dinars to buy goods with . MuwataMalik-017-001-35009 Category:The Chapter on Financial Transactions And Profits in HodHood Indexing
13. Or if the agent had borrowed from the investor or carried his goods for him and he knew that if the investor had not had his capital with him he would have still done the same for him and had he refused that to him he would not have returned his capital to him . MuwataMalik-017-001-35009 Category:The Chapter on Financial Transactions And Profits in HodHood Indexing
14. If a condition comes into it or it is feared that the agent is only doing it for the investor in order to safeguard the capital in his possession or the investor is only doing it because the agent has taken his capital and will not return it to him that is not permitted in qirad and it is part of what the people of knowledge forbid . MuwataMalik-017-001-35010 Category:The Chapter on Financial Transactions And Profits in HodHood Indexing
15. That is only out of fear that he has lost some of it and wants to defer it so that he can make up what has been lost of it . MuwataMalik-017-001-35011 Category:The Chapter on Financial Transactions And Profits in HodHood Indexing
16. Malik said Similarly had he said I have had such and such a profit from the capital and then the owner of the capital asked him to pay him the principal and his profit and he said that he had not had any profit in it and had said that only so it might be left in his possession it does not benefit him . MuwataMalik-017-001-35013 Category:The Chapter on Financial Transactions And Profits in HodHood Indexing

Most Postive Sentiment Hadith in The Chapter on Financial Transactions And Profits in HodHood Indexing

Positive Sentiment may indicate a Permissible, Encouraged Actions or Sunnah

1. Sahl Bin Saad narrated that the Messenger of Allah s.a.w said: Whoever guarantees for me what is between his jaws and what is between his legs; I shall guarantee Paradise for him. SunanAlTermithi-017-001-9650
2. Amr Bin shuaib said: My father told me; mar rating from his father; from his father and he mentioned Abdullah Bin Amr that he said: The Messenger of Allah said: It is not permissible to lend on the condition of a sale; or to stipulate two conditions in one transaction; or to make a profit on that which you do not possess. SunanAlNasai-017-001-13170
3. A similar tradition has also been transmitted by Ibn Abbas though a different chain of narrators. This version says: He the Prophet purchased a calf from a caravan; but he had no money with him. He then sold it with some profit and gave the profit in charity to the poor and widows of Banu Abd AlMuttalib. He then said: I shall not buy anything after this but only when I have money with me. SunanAbuDawoud-017-001-28834

Most Negative Sentiment Hadith in The Chapter on Financial Transactions And Profits in HodHood Indexing

Negative Sentiment may indicate a Forbidden, Disliked, or Discouraged Actions

1. Qatadah said When the Apostle of Allaah ﷺ participated in battle there was for him a special portion which he took from where he desired. Safiyah was from that portion. But when he did not participate himself in his battle; a portion was taken out for him; but he had no choice. SunanAbuDawoud-017-001-29264
2. Amr Bin shuaib said: My father told me; mar rating from his father; from his father and he mentioned Abdullah Bin Amr that he said: The Messenger of Allah said: It is not permissible to lend on the condition of a sale; or to stipulate two conditions in one transaction; or to make a profit on that which you do not possess. SunanAlNasai-017-001-13170
3. A similar tradition has also been transmitted by Ibn Abbas though a different chain of narrators. This version says: He the Prophet purchased a calf from a caravan; but he had no money with him. He then sold it with some profit and gave the profit in charity to the poor and widows of Banu Abd AlMuttalib. He then said: I shall not buy anything after this but only when I have money with me. SunanAbuDawoud-017-001-28834

Notables Mentioned in The Chapter on Financial Transactions And Profits in HodHood Indexing

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Historical Land Mentioned in The Chapter on Financial Transactions And Profits in HodHood Indexing