14/73. Chapter:
Jami at-Tirmidhi 1314 — Price Setting and Justice
What Has Been Related About Price Fixing
Price Setting Hadith: Justice in Wealth and Blood
Jami at-Tirmidhi : 1314
Jami at-TirmidhiHadith Number 1314
حَدَّثَنَا مُحَمَّدُ بْنُ بَشَّارٍ، حَدَّثَنَا الْحَجَّاجُ بْنُ مِنْهَالٍ، حَدَّثَنَا حَمَّادُ بْنُ سَلَمَةَ، عَنْ قَتَادَةَ، وَثَابِتٍ، وَحُمَيْدٍ، عَنْ أَنَسٍ، قَالَ غَلاَ السِّعْرُ عَلَى عَهْدِ رَسُولِ اللَّهِ صلى الله عليه وسلم فَقَالُوا يَا رَسُولَ اللَّهِ سَعِّرْ لَنَا . فَقَالَ " إِنَّ اللَّهَ هُوَ الْمُسَعِّرُ الْقَابِضُ الْبَاسِطُ الرَّزَّاقُ وَإِنِّي لأَرْجُو أَنْ أَلْقَى رَبِّي وَلَيْسَ أَحَدٌ مِنْكُمْ يَطْلُبُنِي بِمَظْلَمَةٍ فِي دَمٍ وَلاَ مَالٍ " . قَالَ أَبُو عِيسَى هَذَا حَدِيثٌ حَسَنٌ صَحِيحٌ .
Narrated Anas: "Prices Became Excessive During The Time Of The Messenger Of Allah (ﷺ), So They Said: 'O Messenger Of Allah! Set Prices For Us!' So He Said: 'Indeed Allah Is Al-Musa'Ir, Al-Qabid, Al-Basir, Ar-Razzaq. And I Am Hopeful That I Meet My Lord And None Of You Are Seeking (Recompense From) Me For An Injustice Involving Blood Or Wealth.'" [Abu 'Eisa Said:] This Hadith Is Hasan Sahih.
[1] That is when the authorities set a price limit on goods. See Tuhfat Al-Ahwadhi .[2] In An-Nihāyah he said: 'It is that He is the One who makes things inexpensive and expensive, He cannot be opposed by anyone. So because of that, it is not allowed to fix prices.' ( Tuhfat Al-Ahwadhi ).[3] Meaning: He restricts sustenance and other than that from whom He wills, regarding what He wills, and how He wills, and He makes it unrestricted. ( Tuhfat Al-Ahwadhi ).Reference : Jami` at-Tirmidhi 1314In-book reference : Book 14, Hadith 117English translation : Vol. 3, Book 12, Hadith 1314
Summary of Jami at-Tirmidhi Hadith 1314
This price setting hadith describes a time when prices became high during the time of the Messenger of Allah (صلى الله عليه وسلم). People asked him to set prices for them. He replied that Allah is Al-Musa'ir, Al-Qabid, Al-Basit, and Ar-Razzaq. He then said he hoped to meet his Lord with no one seeking recompense from him for an injustice involving blood or wealth. The hadith is about restraint, justice, and fear of wronging people in financial matters. It does not give a broad policy discussion in the text. Its direct message is that the Prophet (صلى الله عليه وسلم) avoided causing an injustice in people's wealth while pointing to Allah as the Provider.
What we learn from this hadith
- The people asked the Prophet (صلى الله عليه وسلم) to set prices when prices rose.
- The Prophet (صلى الله عليه وسلم) connected provision and price control to Allah's names.
- He expressed concern about not wronging anyone in blood or wealth.
- The hadith highlights justice in financial decisions.
