Sunan Ibn Majah: Book 12, Hadith 124

It was narrated that Malik bin Aws bin Hadathan said: “I came saying. ‘Who will exchange Dirham?’ Talhah bin ‘Ubaidullah, who was with ‘Umar bin Khattab, said: ‘Show us your gold, then come to us; when our treasure comes, we will give you your silver.’ ‘Umar said: ‘No, by Allah, you will give him silver (now), or give him back his gold, for the Messenger of Allah (ﷺ) said: “Silver for gold is usury, unless it is exchanged on the spot.”‘

حَدَّثَنَا مُحَمَّدُ بْنُ رُمْحٍ، أَنْبَأَنَا اللَّيْثُ بْنُ سَعْدٍ، عَنِ ابْنِ شِهَابٍ، عَنْ مَالِكِ بْنِ أَوْسِ بْنِ الْحَدَثَانِ، قَالَ أَقْبَلْتُ أَقُولُ مَنْ يَصْطَرِفُ الدَّرَاهِمَ فَقَالَ طَلْحَةُ بْنُ عُبَيْدِ اللَّهِ وَهُوَ عِنْدَ عُمَرَ بْنِ الْخَطَّابِ أَرِنَا ذَهَبَكَ ثُمَّ ائْتِنَا إِذَا جَاءَ خَازِنُنَا نُعْطِكَ وَرِقَكَ ‏.‏ فَقَالَ عُمَرُ كَلاَّ وَاللَّهِ لَتُعْطِيَنَّهُ وَرِقَهُ أَوْ لَتَرُدَّنَّ إِلَيْهِ ذَهَبَهُ فَإِنَّ رَسُولَ اللَّهِ ـ صلى الله عليه وسلم ـ قَالَ ‏
“‏ الْوَرِقُ بِالذَّهَبِ رِبًا إِلاَّ هَاءَ وَهَاءَ ‏”‏ ‏.‏

Sunan Ibn Majah: Book 12, Hadith 124
Sahih (Darussalam)

 
The above hadith is from the Sunan Ibn Majah collection of hadiths. The Sunan Ibn Majah holds a significant place as one of the six major books of hadith in Sunni Islamic tradition. Its compiler, Ibn Majah, completed this work in the 9th century, with his death occurring in 886 CE. The collection is extensive, featuring around 4,000 hadiths that provide guidance on diverse themes. These include core tenets of faith, the correct performance of religious rituals, ethical conduct, and rulings on social interactions. Although it is a respected compilation, it is generally accorded a lower rank in terms of overall authenticity when compared to the other five collections. This is primarily due to the inclusion of some narrations deemed less reliable by hadith critics. Nevertheless, it remains a fundamental text for academic and religious study.

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For more Hadith in Book 12: The Chapters on Business Transactions
 

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