40 Hadiths Relating to Islamic Finance | Shariah-Based Guide to Halal Wealth by AbdulShaheed Drew | Islamic Economics Book

Page:01
40 Hadiths
Relating to Islamic Finance
أربعون حديثاً في التمويل الإسلامي
AbdulShaheed Drew
Page:02
DECEPTION
عن أبي هريرة الله أَنَّ رَسُولَ الله مَرَّ عَلَى صُبْرَةِ طَعَامِ فَأَدْخَلَ يَدَهُ فِيهَا، فَنَالَتْ أَصَابِعُهُ بَلَلًا فَقَالَ: مَا هَذَا يَا صَاحِبَ الطَّعَامِ؟ قَالَ: أَصَابَتْهُ السَّمَاءُ يَا رَسُولَ اللَّهِ، قَالَ: «أَفَلَا جَعَلْتَهُ فَوْقَ الطَّعَامِ كَيْ يَرَاهُ النَّاسُ، مَنْ غَشَّ فَلَيْسَ يني». أخرجه مسلم
Abu Hurayrah (4) narrated:
The Messenger of Allah () passed by a pile of food (grain). He put his fingers in it and felt wetness. He asked: O owner of the food!
What is this?
The man replied: It was rained upon, O Messenger of Allah (3). The Prophet () responded: Why not put it on the top of the food so people can see it?
Then he added: Whoever cheats is not one of us. (Muslim)
The sinful nature involved in this transaction comes from the seller knowing of a defect in the merchandise but not informing the cus- tomer. The customer might not buy the goods if the defects are made apparent, or the defect might lower the value of the goods. This de- ceit contradicts true Muslim behaviour, for the Messenger of Allah ()said:
Page:03
UNLAWFUL INCOME
عَنْ أَبِي هُرَيْرَةَ اللهِ، قَالَ: قَالَ رَسُولُ الله : «أَيُّهَا النَّاسُ، إِنَّ اللَّهَ طَيِّبٌ لَا يَقْبَلُ إِلَّا طَيِّبًا، وَإِنَّ اللَّهَ أَمَرَ الْمُؤْمِنِينَ بِمَا أَمَرَ بِهِ الْمُرْسَلِينَ، فَقَالَ: يَأَيُّهَا الرُّسُلُ كلُوا مِنَ الطَّيِّبَاتِ وَاعْمَلُوا سَلِماً إلى بِمَا تَعْمَلُونَ عَلِيمٌ ﴾ [المؤمنون: ٥١] وَقَالَ: يَتَأَيُّهَا الَّذِينَ آمَنُوا كُلُوا مِن طَيِّبَت مَا رَزَقْنكُمْ ﴾ [البقرة: ١٧٢] ثُمَّ ذَكَرَ الرّجُلَ يُطِيلُ السَّفَرَ أَشْعَثَ أغْبَرَ، يَمُدُّ يَدَيْهِ إِلَى السَّمَاءِ، يَا رَبِّ، يَا رَبِّ، وَمَطْعَمُهُ حَرَامٌ، وَمَشْرَبُهُ حَرَامٌ، وَمَلْبَسُهُ حَرَامٌ، وَغُذِيَ بِالحَرَامِ، فَأَنَّى يُسْتَجَابُ لِذلِكَ ؟ . أخرجه مسلم
It has been narrated by Abu Hurayrah () that the Messenger of Allah (3) said:
«O people! Verily Allah is pure, and He only accepts what is pure. Allah commands the believers with that with which He commanded the Messengers, and He says:
تانها الرُّسُلُ كُلُوا مِنَ الطَّيْتِ وَاعْمَلُوا صَلِحاً ... ) (سورة المؤمنون: ٥١)
40 messengers, eat from the good foods and do righteous deeds... (Qur'an 23:51) Allah (%) has also mentioned:
يَتأَيُّهَا الَّذِينَ ءَامَنُوا كُلُوا مِن طَيِّبَاتِ مَا رَزَقْتَكُمْ وَأَشْكُرُوا لِلَّهِ إِن كُنتُمْ إِيَّاهُ
تعبدون
(سورة البقرة: ۱۷۲)
Page:04
40 Hadiths
A comprehensive guide that every Muslim should possess, 40 Hadiths Relating to Islamic Finance untangles some of the intricacies of finance and economics, bringing forth a Sharia-compliant solution to earning and using wealth.
Wealth and the Islamic rules pertaining to it have had a great deal of significance since the early days of the Islamic civilization. Today, Muslims have many questions about usury, credit cards, charity, zakáh, and business transactions. This book not only delineates what has been prohibited and allowed in Islamic finance but also elucidates why some practices are endorsed and others are not, in the light of the Qur'an and the Sunnah, hence putting to rest all scepticism.
This collection presents authentic hadiths and clear explanations, showing how they relate to contemporary circumstances. Read and study it to be empowered with general knowledge relating to wealth in Islam, so that you can earn and spend your money the halal way.
About the author
After obtaining his Master's degree in Islamic Banking and Finance from La Trobe University, Melbourne, AbdulShaheed Drew worked as a researcher in that field and developed curricula for Islamic finance courses. He served for many years as an Islamic Studies teacher and plays an active role within the Australian community, delivering speeches at various mosques, universities and Islamic centres. He also holds a B.A. in Middle Eastern Studies and Arabic Language, an Honours degree in Comparative Religion, and a Diploma in Arabic Language and Linguistic Studies from the Islamic University of
Madinah.

IIPH (International Islamic Publishing House)

• AbdulShaheed Drew

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Page:01
40 Hadiths
Relating to Islamic Finance
أربعون حديثاً في التمويل الإسلامي
AbdulShaheed Drew
Page:02
DECEPTION
عن أبي هريرة الله أَنَّ رَسُولَ الله مَرَّ عَلَى صُبْرَةِ طَعَامِ فَأَدْخَلَ يَدَهُ فِيهَا، فَنَالَتْ أَصَابِعُهُ بَلَلًا فَقَالَ: مَا هَذَا يَا صَاحِبَ الطَّعَامِ؟ قَالَ: أَصَابَتْهُ السَّمَاءُ يَا رَسُولَ اللَّهِ، قَالَ: «أَفَلَا جَعَلْتَهُ فَوْقَ الطَّعَامِ كَيْ يَرَاهُ النَّاسُ، مَنْ غَشَّ فَلَيْسَ يني». أخرجه مسلم
Abu Hurayrah (4) narrated:
The Messenger of Allah () passed by a pile of food (grain). He put his fingers in it and felt wetness. He asked: O owner of the food!
What is this?
The man replied: It was rained upon, O Messenger of Allah (3). The Prophet () responded: Why not put it on the top of the food so people can see it?
Then he added: Whoever cheats is not one of us. (Muslim)
The sinful nature involved in this transaction comes from the seller knowing of a defect in the merchandise but not informing the cus- tomer. The customer might not buy the goods if the defects are made apparent, or the defect might lower the value of the goods. This de- ceit contradicts true Muslim behaviour, for the Messenger of Allah ()said:
Page:03
UNLAWFUL INCOME
عَنْ أَبِي هُرَيْرَةَ اللهِ، قَالَ: قَالَ رَسُولُ الله : «أَيُّهَا النَّاسُ، إِنَّ اللَّهَ طَيِّبٌ لَا يَقْبَلُ إِلَّا طَيِّبًا، وَإِنَّ اللَّهَ أَمَرَ الْمُؤْمِنِينَ بِمَا أَمَرَ بِهِ الْمُرْسَلِينَ، فَقَالَ: يَأَيُّهَا الرُّسُلُ كلُوا مِنَ الطَّيِّبَاتِ وَاعْمَلُوا سَلِماً إلى بِمَا تَعْمَلُونَ عَلِيمٌ ﴾ [المؤمنون: ٥١] وَقَالَ: يَتَأَيُّهَا الَّذِينَ آمَنُوا كُلُوا مِن طَيِّبَت مَا رَزَقْنكُمْ ﴾ [البقرة: ١٧٢] ثُمَّ ذَكَرَ الرّجُلَ يُطِيلُ السَّفَرَ أَشْعَثَ أغْبَرَ، يَمُدُّ يَدَيْهِ إِلَى السَّمَاءِ، يَا رَبِّ، يَا رَبِّ، وَمَطْعَمُهُ حَرَامٌ، وَمَشْرَبُهُ حَرَامٌ، وَمَلْبَسُهُ حَرَامٌ، وَغُذِيَ بِالحَرَامِ، فَأَنَّى يُسْتَجَابُ لِذلِكَ ؟ . أخرجه مسلم
It has been narrated by Abu Hurayrah () that the Messenger of Allah (3) said:
«O people! Verily Allah is pure, and He only accepts what is pure. Allah commands the believers with that with which He commanded the Messengers, and He says:
تانها الرُّسُلُ كُلُوا مِنَ الطَّيْتِ وَاعْمَلُوا صَلِحاً ... ) (سورة المؤمنون: ٥١)
40 messengers, eat from the good foods and do righteous deeds... (Qur'an 23:51) Allah (%) has also mentioned:
يَتأَيُّهَا الَّذِينَ ءَامَنُوا كُلُوا مِن طَيِّبَاتِ مَا رَزَقْتَكُمْ وَأَشْكُرُوا لِلَّهِ إِن كُنتُمْ إِيَّاهُ
تعبدون
(سورة البقرة: ۱۷۲)
Page:04
40 Hadiths
A comprehensive guide that every Muslim should possess, 40 Hadiths Relating to Islamic Finance untangles some of the intricacies of finance and economics, bringing forth a Sharia-compliant solution to earning and using wealth.
Wealth and the Islamic rules pertaining to it have had a great deal of significance since the early days of the Islamic civilization. Today, Muslims have many questions about usury, credit cards, charity, zakáh, and business transactions. This book not only delineates what has been prohibited and allowed in Islamic finance but also elucidates why some practices are endorsed and others are not, in the light of the Qur'an and the Sunnah, hence putting to rest all scepticism.
This collection presents authentic hadiths and clear explanations, showing how they relate to contemporary circumstances. Read and study it to be empowered with general knowledge relating to wealth in Islam, so that you can earn and spend your money the halal way.
About the author
After obtaining his Master's degree in Islamic Banking and Finance from La Trobe University, Melbourne, AbdulShaheed Drew worked as a researcher in that field and developed curricula for Islamic finance courses. He served for many years as an Islamic Studies teacher and plays an active role within the Australian community, delivering speeches at various mosques, universities and Islamic centres. He also holds a B.A. in Middle Eastern Studies and Arabic Language, an Honours degree in Comparative Religion, and a Diploma in Arabic Language and Linguistic Studies from the Islamic University of
Madinah.