In the Name of Allah, the Most Gracious, the Most Merciful
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Reviving the Ummah Proof of Riba

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This section provides the proof discussed in the chapter on the Economic Model. This is taken from Sheikh Imran Hosein’s book The Prohibition of Riba in the Qur’an and Sunnah:
Ubada bin al-Samit reported Allah’s Messenger as saying: Gold is to be paid for by gold, silver by silver, wheat by wheat, barley by barley, dates by dates, and salt by salt, like for like and equal for equal, payment being made on the spot. If these classes differ (i.e. if it is not like for like) sell as you wish if payment is made on the spot. (Muslim)
Abu Said al-Khudri reported Allah’s Messenger as saying: Gold is to be paid for by gold, silver by silver, wheat by wheat, barley by barley, dates by dates and salt by salt, like for like, payment being made on the spot. If anyone gives more or asks more he has dealt in riba. The receiver and the giver are equally guilty. (Muslim)
Abu Said and Abu Huraira told that Allah’s Messenger appointed someone as a governor over Khaibar. When the man came to Madina he brought him dates of a very fine quality called janib. The Prophet asked him: Are all the dates of Khaibar of this kind? The man replied: No! Oh messenger of Allah we exchange two s’as of bad dates for one s’a of this kind of dates (i.e. janib), or exchange three s’as for two. On that, the Prophet said: Do not do so, as it is a kind of riba. But sell the dates of inferior quality for money, and then buy janib with the money. The Prophet said the same thing about dates sold by weight. (Bukhari)
Abu Said al-Khudri said: Once Bilal brought barni (i.e. a kind of dates) to the Prophet and the Prophet asked im: From where have you brought these? Bilal replied: I had some inferior type of dates and exchanged two s’as of it for one s’a of barni dates in order to give it to the Prophet to eat. Thereupon the Prophet said: Beware! Beware! This is definitely riba! This is definitely riba! Don’t do so, but if you want to buy (a superior kind of dates) sell the inferior dates for money and then buy the superior kind of dates with that money. (Bukhari)
Abu Saeed said that Bilal brought the Prophet some barni dates, and when he asked him where he had gotten them he replied: I had some inferior dates so I sold two sa’s of them for one sa (of this). He said: Ah! The very essence of riba, the very essence of riba. Do not do so, but when you wish to buy, sell all the dates in a separate transaction, then buy with what you get. (Bukhari, Muslim)
Yahya bin Sa’id reported that Allah’s Messenger ordered the two Sa’ads to sell off all gold and silver plates obtained in booty (enemy property seized in warfare). They sold three plates for four (or four for three). The Prophet said: You have taken riba. Annul the sales. (Muwatta, Imam Malik)
Malik reported that it reached him from Qasim bin Muhammad that Umar bin al-Khattab said: A dinar for a dinar and a dirham for a dirham and a sa for a sa. Do not sell cash for credit. (Muwatta, Imam Malik)
Malik bin Aus Hadthan al-Nasri reported: I had need for changing one hundred dinars into dirhams. He said Talha bin Ubaidullah sent for me. We agreed on it (barter of gold and silver for gold and silver). He took gold from me and turned it over in his hands and said: Wait until my cashier arrives from Ghabah. Umar bin Khattab heard of this and declared: By Lord, do not leave him until you take money from him. He then said, the Prophet had said that the exchange of gold for silver is riba except when it is a cash transaction, the selling of wheat for what is riba except when it is a cash transaction, and the selling of dates for dates is riba except if it is a cash transaction, the selling of barley for barley is riba except when it is a cash transaction, and the selling of salt for salt is riba except when it is a cash transaction. (Muwatta, Imam Malik)
Ibn Shihab reported that Malik bin Aus said: I was in need of change for one hundred dinars. Talha bin Ubaidullah called me and we discussed the matter, and he agreed to change my dinars. He took the gold pieces in his hands and fidgeted with them, and then said: Wait until my store-keeper comes from the forest. Umar ibn al-Khattab was listening to that and said: By Allah you should not separate from Talha until you get the money from him, for the Prophet said: The selling of gold for gold is riba, except if the exchange is from hand-to-hand and equal in amount, and similarly, the selling of wheat for wheat is riba unless it is from hand to hand and equal in amount, and dates for dates is riba unless it is from hand to hand and equal in amount, and barley for barley is riba unless it is from hand to hand and equal in amount. (Bukhari)
Abu Salih al-Zaiyat said: I heard Abu Sai al-Khudri saying: The selling of a dinar for a dinar, and a dirham for a dirham (is permissible). I said to him: Ibn Abbas does not say the same. Abu Said replied: I asked Ibn Abbas whether he had heard it from the Prophet or had seen it in the holy book. Ibn Abbas replied: I do not claim that, and you know Allah’s Messenger better than I do. But Usama informed me that the Prophet had said: There is no riba (in money exchange) except when it is not done hand to hand (i.e. when there is delay in payment). (Bukhari)


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