Muwatta Malik: Book 32, Hadith 3
Malik said, “There is no harm in the two parties in a qirad helping each other by way of a favour when it is acceptable to them both.”
Malik said, “There is no harm in the investor of the capital buying some of the goods from the agent in the qirad if that is acceptable and without conditions.”
Malik spoke about an investor making a qirad loan to a man and his slave, to be used by both. He said, “That is permitted, and there is no harm in it because the profit is property for his slave, and the profit is not for the master until he takes it from him. It is like the rest of his earnings.”
Muwatta Malik: Book 32, Hadith 3
The above hadith is from the Muwatta Malik collection of hadiths. Imam Malik ibn Anas spent 40 years composing the Muwatta Malik in the 8th century. This highly respected early work assembles fewer than 2,000 hadiths, which are thoughtfully divided into 61 books covering legal and ethical topics.
Use the tags to drill down deeper and find connections and new streams of information to help you fill gaps in knowledge and better connect the dots. Eman and Life is a growing database of knowledge with the mission to help further us in our pursuit of the best lifestyle through the guidance of the Quran and Sunnah.
For more Hadith in Book 32: Qirad