44/47. Chapter:

Sunan an-Nasai 4571 — Eyewitness Report on Equal Exchange

Seling Gold For Gold

Hadith About Riba: Abu Saeed's Report on Gold and Silver

Sunan an-NasaiHadith Number 4571

أَخْبَرَنَا حُمَيْدُ بْنُ مَسْعَدَةَ، وَإِسْمَاعِيلُ بْنُ مَسْعُودٍ، قَالاَ حَدَّثَنَا يَزِيدُ، - وَهُوَ ابْنُ زُرَيْعٍ - قَالَ حَدَّثَنَا ابْنُ عَوْنٍ، عَنْ نَافِعٍ، عَنْ أَبِي سَعِيدٍ الْخُدْرِيِّ، قَالَ بَصُرَ عَيْنِي وَسَمِعَ أُذُنِي، مِنْ رَسُولِ اللَّهِ صلى الله عليه وسلم فَذَكَرَ النَّهْىَ عَنِ الذَّهَبِ بِالذَّهَبِ وَالْوَرِقِ بِالْوَرِقِ إِلاَّ سَوَاءً بِسَوَاءٍ مِثْلاً بِمِثْلٍ ‏ "‏ وَلاَ تَبِيعُوا غَائِبًا بِنَاجِزٍ وَلاَ تُشِفُّوا أَحَدَهُمَا عَلَى الآخَرِ ‏"‏ ‏.‏

Abu Sa'eed Al-Khudri Narrated from:

My eyes saw and my ears heard the Messenger of Allah. And he mentioned the prohibition of (selling) gold for gold and silver for silver, unless it is equal amounts, like for like. And do not sell it in return for something to be paid later, and do not differentiate.

Reference : Sunan an-Nasa'i 4571In-book reference : Book 44, Hadith 123English translation : Vol. 5, Book 44, Hadith 4575

Summary of Sunan an-Nasai Hadith 4571

This hadith about riba is reported with strong personal wording from Abu Saeed Al-Khudri: his eyes saw and his ears heard the Messenger of Allah. The content is about the prohibition of selling gold for gold and silver for silver unless it is equal amounts and like for like. The narration also says not to sell absent for ready payment and not to make one side greater than the other. The main search phrase is Abu Saeed gold for gold hadith. The explanation should stay close to the text: equal same-metal exchange, no extra on one side, and no exchange of something absent for something present in the wording of the report.

What we learn from this hadith

  • Abu Saeed states that he personally saw and heard the Messenger of Allah.
  • Gold for gold and silver for silver should be equal and like for like.
  • The report forbids making one side greater than the other.
  • The hadith warns against selling absent for ready payment in this exchange.

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