Muwatta Malik: Book 31, Hadith 35
Yahya related to me from Malik from Nafi from Abdullah ibn Umar that Umar ibn al-Khattab said, “Do not sell gold for gold except like for like, and do not increase one part over another part. Do not sell silver for silver except like for like, and do not increase one part over another part. Do not sell silver for gold, one of them at hand and the other to be given later. If someone seeks to delay paying you until he has been to his house, do not leave him. I fear rama for you.” Rama is usury.
وَحَدَّثَنِي عَنْ مَالِكٍ، عَنْ نَافِعٍ، عَنْ عَبْدِ اللَّهِ بْنِ عُمَرَ، أَنَّ عُمَرَ بْنَ الْخَطَّابِ، قَالَ لاَ تَبِيعُوا الذَّهَبَ بِالذَّهَبِ إِلاَّ مِثْلاً بِمِثْلٍ وَلاَ تُشِفُّوا بَعْضَهَا عَلَى بَعْضٍ وَلاَ تَبِيعُوا الْوَرِقَ بِالْوَرِقِ إِلاَّ مِثْلاً بِمِثْلٍ وَلاَ تُشِفُّوا بَعْضَهَا عَلَى بَعْضٍ وَلاَ تَبِيعُوا الْوَرِقَ بِالذَّهَبِ أَحَدُهُمَا غَائِبٌ وَالآخَرُ نَاجِزٌ وَإِنِ اسْتَنْظَرَكَ إِلَى أَنْ يَلِجَ بَيْتَهُ فَلاَ تُنْظِرْهُ إِنِّي أَخَافُ عَلَيْكُمُ الرَّمَاءَ وَالرَّمَاءُ هُوَ الرِّبَا .
Muwatta Malik: Book 31, Hadith 35
The above hadith is from the Muwatta Malik collection of hadiths. Muwatta Malik is a collection of hadith compiled by Imam Malik ibn Anas in the 8th century. The work was composed over a 40 year period and consists of under 2000 hadith split into 61 books.
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For more Hadith in Book 31: Business Transactions