| Grade: | Hasan (Darussalam) (Darussalam) |
| Reference | : Musnad Ahmad 15 |
| In-book reference | : Book 1, Hadith 15 |
| Grade: | Sahih (Darussalam) |
| Reference | : Sunan Ibn Majah 1191 |
| In-book reference | : Book 5, Hadith 389 |
| English translation | : Vol. 1, Book 5, Hadith 1191 |
| Grade: | Sahih (Darussalam) |
| Reference | : Sunan Ibn Majah 1232 |
| In-book reference | : Book 5, Hadith 430 |
| English translation | : Vol. 1, Book 5, Hadith 1232 |
| Sunnah.com reference | : Book 9, Hadith 8 |
| English translation | : Book 9, Hadith 1206 |
| Arabic reference | : Book 9, Hadith 1176 |
| Sunnah.com reference | : Book 8, Hadith 84 |
| English translation | : Book 8, Hadith 1047 |
| Arabic reference | : Book 8, Hadith 1036 |
Yahya said that Malik spoke about an investor who made a qirad loan to a man, who used it and made a profit. Then the man bought with all the profit a slave-girl and he had intercourse with her and she became pregnant by him, and so the capital decreased. Malik said, "If he has money, the price of the slave-girl is taken from his property, and the capital is restored by it. If there is something left over after the money is paid, it is divided between them according to the first qirad. If he cannot pay it, the slave-girl is sold so that the capital is restored from her price."
Malik spoke about an investor who made a qirad loan to a man, and the agent spent more than the amount of the qirad loan when buying goods with it and paid the increase from his own money. Malik said, "The investor has a choice if the goods are sold for a profit or loss or if they are not sold. If he wishes to take the goods, he takes them and pays the agent back what he put in for them. If the agent refuses, the investor is a partner for his share of the price in increase and decrease according to what the agent paid extra for them from himself."
Malik spoke about an agent who took qirad money from a man and then gave it to another man to use as a qirad without the consent of the investor. He said, "The agent is responsible for the property. If it is decreased, he is responsible for the loss. If there is profit, the investor has his stipulation of the profit, and then the agent has his stipulation of what remains of the money."
Malik spoke about an agent who exceeded and borrowed some of what he had of qirad in money and he bought goods for himself with it. Malik said, "If he has a profit, the profit is divided according to the condition between them in the qirad. If he has a loss, he is responsible for the loss."
Malik said about an investor who paid qirad money to a man, and the agent borrowed some of the cash and bought goods for himself with it, "The investor of the capital has a choice. If he wishes, he shares with him in the goods according to the qirad, and if he wishes, he frees himself of them, and takes all of the principal back from the agent. That is what is done with some one who oversteps."
| USC-MSA web (English) reference | : Book 32, Hadith 9 |
When 'Amr bin 'Abasah (May Allah be pleased with him) narrated this Hadith to Abu Umamah (May Allah be pleased with him) a Companion of the Prophet (PBUH), the latter said to him, "Watch what you are saying. O 'Amr bin 'Abasah, a man will be getting all of this in one shot?" 'Amr (May Allah be pleased with him) replied, "O Abu Umamah, I have attained old age, my bones have become dry, my death is approaching and there is no need for me to tell lies concerning Allah and His Messenger (PBUH). Had I not heard this from the Messenger of Allah only once, twice, thrice (and he counted up to seven) I would never have reported it. Indeed I have heard this frequently".
[Muslim].
| Reference | : Riyad as-Salihin 438 |
| In-book reference | : Introduction, Hadith 438 |
| Reference | : Al-Adab Al-Mufrad 512 |
| In-book reference | : Book 29, Hadith 22 |
| English translation | : Book 29, Hadith 512 |
| Sunnah.com reference | : Book 8, Hadith 51 |
| English translation | : Book 8, Hadith 1018 |
| Arabic reference | : Book 8, Hadith 1011 |
| Sunnah.com reference | : Book 8, Hadith 194 |
| English translation | : Book 8, Hadith 1141 |
| Arabic reference | : Book 8, Hadith 1130 |
| Grade: | Sahih (Darussalam) |
| Reference | : Sunan Ibn Majah 2107 |
| In-book reference | : Book 11, Hadith 18 |
| English translation | : Vol. 3, Book 11, Hadith 2107 |
| Grade: | Hasan (Darussalam) |
| Reference | : Sunan Ibn Majah 1598 |
| In-book reference | : Book 6, Hadith 166 |
| English translation | : Vol. 1, Book 6, Hadith 1598 |
Yahya related to me from Malik from Sumayy, the mawla of Abu Bakr ibn Abd ar-Rahman ibn al-Harith ibn Hisham that he heard Abu Bakr ibn Abd ar-Rahman ibn al-Harith ibn Hisham say, "My father and I were with Marwan ibn al Hakam at the time when he was amir of Madina, and someone mentioned to him that Abu Hurayra used to say, 'If someone begins the morning junub, he has broken the fast for that day.' Marwan said, 'I swear to you, Abdar-Rahman, you must go to the two umm al muminin, A'isha and Umm Salama, and ask them about it.'
''Abd ar-Rahman went to visit A'isha and I accompanied him. He greeted her and then said, 'Umm al-muminin, we were with Marwan ibn al Hakam and someone mentioned to him that Abu Hurayra used to say that if some one had begun the morning junub, he had broken the fast for that day.' A'isha said, 'It is not as Abu Hurayra says Abd ar-Rahman. Do you dislike what the Messenger of Allah, may Allah bless him and grant him peace, used to do?', and Abd ar-Rahman said, 'No, by Allah.' A'isha said, 'I bear witness that the Messenger of Allah, may Allah bless him and grant him peace, used to get up in the morning junub from intercourse, not a dream, and would then fast for that day.' "
He continued, "Then we went and visited Umm Salama, and Abd ar- Rahman asked her about the same matter and she said the same as A'isha had said. Then we went off until we came to Marwan ibn al-Hakam Abd ar-Rahman told him what they had both said and Marwan said, 'I swear to you, Abu Muhammad, you must use the mount which is at the door, and go to Abu Hurayra, who is on his land at al Aqiq, and tell him this.' So Abd ar-Rahman rode off, and I went with him, until we came to Abu Hurayra. Abd ar-Rahman talked with him for a while, and then mentioned the matter to him, and Abu Hurayra said, 'I don't know anything about it. I was just told that by someone.'"
| USC-MSA web (English) reference | : Book 18, Hadith 11 |
| Arabic reference | : Book 18, Hadith 644 |
| Grade: | Sahih (Darussalam) |
| Reference | : Sunan Ibn Majah 4075 |
| In-book reference | : Book 36, Hadith 150 |
| English translation | : Vol. 5, Book 36, Hadith 4075 |
| Grade: | Sahih Isnād (Zubair `Aliza'i) |
| Reference | : Ash-Shama'il Al-Muhammadiyah 318 |
| In-book reference | : Book 44, Hadith 6 |
| Sunnah.com reference | : Book 55, Hadith 4 |
| Arabic/English book reference | : Book 55, Hadith 1285 |
| Reference | : Bulugh al-Maram 716 |
| In-book reference | : Book 6, Hadith 9 |
| English translation | : Book 6, Hadith 735 |
| Grade: | Da’if (Darussalam) |
| Reference | : Jami` at-Tirmidhi 3299 |
| In-book reference | : Book 47, Hadith 351 |
| English translation | : Vol. 5, Book 44, Hadith 3299 |
| صَحِيح (الألباني) | حكم : |
| Reference | : Mishkat al-Masabih 4118 |
| In-book reference | : Book 20, Hadith 54 |
| Grade: | Sahih (Darussalam) |
| Reference | : Sunan Ibn Majah 2031 |
| In-book reference | : Book 10, Hadith 16 |
| English translation | : Vol. 3, Book 10, Hadith 2031 |
| Grade: | Sahih (Darussalam) |
| Reference | : Sunan Ibn Majah 4081 |
| In-book reference | : Book 36, Hadith 156 |
| English translation | : Vol. 5, Book 36, Hadith 4081 |
| Grade: | Sahih Isnād (Zubair `Aliza'i) |
| Reference | : Ash-Shama'il Al-Muhammadiyah 279 |
| In-book reference | : Book 40, Hadith 18 |
| Sunnah.com reference | : Book 12, Hadith 31 |
| English translation | : Book 12, Hadith 1388 |
| Arabic reference | : Book 12, Hadith 1347 |
| Sunnah.com reference | : Book 8, Hadith 217 |
| English translation | : Book 8, Hadith 1163 |
| Arabic reference | : Book 8, Hadith 1152 |
[Muslim].
Another narration is: A delegation from Kufah came to 'Umar (May Allah be pleased with him). Among them was one who used to make fun of Owais (May Allah be pleased with him). 'Umar (May Allah be pleased with him) enquired, "Is there anyone among you who is from Qaran?" So this man stepped forward. Then 'Umar (May Allah be pleased with him) said, "I heard Messenger of Allah (PBUH) saying, 'A man will come to you from Yemen named Owais. He will have left in the Yemen only his mother. He was suffering from leucoderma and prayed to Allah to be cured of it. So he was cured except for a space of the size of a dinar or a dirham. Whoever of you should meet him should ask him to pray for forgiveness for him."'
Another narration is: 'Umar (May Allah be pleased with him) said: "I heard Messenger of Allah (PBUH) saying, 'The best one of the next generation (At-Tabi'un) is a man called Owais, he will have a mother and he will be suffering from leucoderma. Go to him and ask him to pray for forgiveness for you".
[Muslim].
وفي رواية لمسلم أيضًا عن أُسِير بن جابر رضي الله عنه أن أهل الكوفة وفدوا على عمر رضي الله عنه ، وفيهم رجل ممن كان يسخر بأويس، فقال عمر: هل ...
| Reference | : Riyad as-Salihin 372 |
| In-book reference | : Introduction, Hadith 372 |
| Grade: | Hasan (Darussalam) [ (Muslim (1763); (Darussalam) |
| Reference | : Musnad Ahmad 208 |
| In-book reference | : Book 2, Hadith 125 |
| Grade: | A Sahih hadeeth its isnad is Hasan; Muslim (1763).] (Darussalam) |
| Reference | : Musnad Ahmad 221 |
| In-book reference | : Book 2, Hadith 138 |
| Grade: | Sahih (Darussalam) |
| Reference | : Jami` at-Tirmidhi 3218 |
| In-book reference | : Book 47, Hadith 270 |
| English translation | : Vol. 5, Book 44, Hadith 3218 |
| Grade: | Sahih Isnād (Zubair `Aliza'i) |
| Reference | : Ash-Shama'il Al-Muhammadiyah 16 |
| In-book reference | : Book 2, Hadith 1 |
| Reference | : Al-Adab Al-Mufrad 311 |
| In-book reference | : Book 15, Hadith 3 |
| English translation | : Book 15, Hadith 311 |
| Sunnah.com reference | : Book 8, Hadith 52 |
| English translation | : Book 8, Hadith 1019 |
| Arabic reference | : Book 8, Hadith 1012 |
| Sunnah.com reference | : Book 8, Hadith 114 |
| English translation | : Book 8, Hadith 1076 |
| Arabic reference | : Book 8, Hadith 1065 |
| Grade: | Hasan (Darussalam) |
| Reference | : Sunan Ibn Majah 2732 |
| In-book reference | : Book 23, Hadith 14 |
| English translation | : Vol. 4, Book 23, Hadith 2732 |
فَقَالَ : يَا رَسُولَ اَللَّهِ ! إِنْ لَمْ يَكُنْ لَكَ بِهَا حَاجَةٌ فَزَوِّجْنِيهَا .
قَالَ : " فَهَلْ عِنْدكَ مِنْ شَيْءٍ ? " .
فَقَالَ : لَا , وَاَللَّهِ يَا رَسُولَ اَللَّهِ .
فَقَالَ : " اِذْهَبْ إِلَى أَهْلِكَ , فَانْظُرْ هَلْ تَجِدُ شَيْئًا ? " فَذَهَبَ , ثُمَّ رَجَعَ ?
فَقَالَ : لَا , وَاَللَّهِ يَا رَسُولَ اَللَّهِ، مَا وَجَدْتُ شَيْئًا.
فَقَالَ رَسُولُ اَللَّهِ - صلى الله عليه وسلم -" انْظُرْ وَلَوْ خَاتَمًا مِنْ حَدِيدٍ "، فَذَهَبَ، ثُمَّ رَجَعَ.
فَقَالَ : لَا وَاَللَّهِ , يَا رَسُولَ اَللَّهِ , وَلَا خَاتَمًا مِنْ حَدِيدٍ , وَلَكِنْ هَذَا إِزَارِي - قَالَ سَهْلٌ : مَالُهُ رِدَاءٌ - فَلَهَا نِصْفُهُ .
فَقَالَ رَسُولُ اَللَّهِ - صلى الله عليه وسلم -" مَا تَصْنَعُ بِإِزَارِكَ ? إِنْ لَبِسْتَهُ لَمْ يَكُنْ عَلَيْهَا مِنْهُ شَيْءٌ، وَإِنْ لَبِسَتْهُ لَمْ يَكُنْ عَلَيْكَ شَيْءٌ " فَجَلَسَ اَلرَّجُلُ , وَحَتَّى إِذَا طَالَ مَجْلِسُهُ ...
| Sunnah.com reference | : Book 8, Hadith 13 |
| English translation | : Book 8, Hadith 986 |
| Arabic reference | : Book 8, Hadith 979 |
| Reference | : Al-Adab Al-Mufrad 1118 |
| In-book reference | : Book 45, Hadith 2 |
| English translation | : Book 45, Hadith 1118 |
| Reference | : Al-Adab Al-Mufrad 1152 |
| In-book reference | : Book 46, Hadith 17 |
| English translation | : Book 46, Hadith 1152 |
| Sunnah.com reference | : Book 8, Hadith 70 |
| English translation | : Book 8, Hadith 1034 |
| Arabic reference | : Book 8, Hadith 1024 |
| Reference | : Hisn al-Muslim 77 |
Yahya related to me from Malik from Abu Hazim ibn Dinar from Said ibn al-Musayyab that the Messenger of Allah, may Allah bless him and grant him peace, forbade the sale with uncertainty in it.
Malik said, "An example of one type of uncertain transaction and risk is that a man intends the price of a stray animal or escaped slave to be fifty dinars. A man says, 'I will take him from you for twenty dinars.' If the buyer finds him, thirty dinars goes from the seller, and if he does not find him, the seller takes twenty dinars from the buyer."
Malik said, "There is another fault in that. If that stray is found, it is not known whether it will have increased or decreased in value or what defects may have befallen it. This transaction is greatly uncertain and risky."
Malik said, "According to our way of doing things, one kind of uncertain transaction and risk is selling what is in the wombs of females - women and animals - because it is not known whether or not it will come out, and if it does come out, it is not known whether it will be beautiful or ugly, normal or disabled, male or female. All that is disparate. If it has that, its price is such-and-such, and if it has this, its price is such-and-such."
Malik said, "Females must not be sold with what is in their wombs excluded. That is that, for instance, a man says to another, 'The price of my sheep which has much milk is three dinars. She is yours for two dinars while I will have her future offspring.' This is disapproved because it is an uncertain transaction and a risk."
Malik said, "It is not halal to sell olives for olive oil or sesame for sesame oil, or butter for ghee because muzabana comes into that, because the person who buys the raw product for something specified which comes from it, does not know whether more or less will come out of that, so it is an uncertain transaction and a risk."
Malik said, "A similar case is the selling of ben-nuts for ben-nut oil. This is an uncertain transaction because what comes from the ben-nut is ben-oil. There is no harm in selling ben-nuts for perfumed ben because perfumed ben has been perfumed, mixed and changed from the state of raw ben-nut oil."
Malik, speaking about a man who sold goods to a man on the provision that there was to be no loss for the buyer, (i.e. if the buyer could not re-sell the goods they could go back to the seller), said, "This transaction is not permitted and it is part of risk. The explanation of why it is so, is that it is as if the seller hired the buyer for the profit if the goods make a profit. If he sells the stock at a loss, he has nothing, and his efforts are not compensated. This is not good. In such a transaction, the buyer should have a wage according to the work that he has contributed. Whatever there is of loss or profit in those goods is for and against the seller. This is only when the goods are gone and sold. If they do not go, the transaction between them is null and void."
Malik said, "As for a man who buys goods from a man and he concludes the sale and then the buyer regrets and asks to have the price reduced and the seller refuses and says, 'Sell it and I will compensate you for any loss.' There is no harm in this because there is no risk. It is something he proposes to him, and their transaction was not based on that. That is what is done among us."
| USC-MSA web (English) reference | : Book 31, Hadith 75 |
| Arabic reference | : Book 31, Hadith 1365 |
Malik related to me from Yahya ibn Said from Abu Bakr ibn Muhammad ibn Amr ibn Hazm from Umar ibn Abdal-Aziz from Abu Bakr ibn Abd ar-Rahman ibn al-Harith ibn Hisham from Abu Hurayra that the Messenger of Allah, may Allah bless him and grant him peace, said, "If anyone goes bankrupt, and a man finds his own property intact with him, he is more entitled to it than anyone else."
Malik spoke about a man who sold a man wares, and the buyer went bankrupt. He said, "The seller takes whatever of his goods he finds. If the buyer has sold some of them and distributed them, the seller of the wares is more entitled to them than the creditors. What the buyer has distributed does not prevent the seller from taking whatever of it he finds. It is the seller's right if he has received any of the price from the buyer and he wants to return it to take what he finds of his wares, and in what he does not find, he is like the creditors."
Malik spoke about some one who bought spun wool or a plot of land, and then did some work on it, like building a house on the plot of land or weaving the spun wool into cloth. Then he went bankrupt after he had bought it, and the original owner of the plot said, "I will take the plot and whatever structure is on it." Malik said, "That structure is not his. However, the plot and what is in it that the buyer has improved is appraised. Then one sees what the price of the plot is and how much of that value is the price of the structure. They are partners in that. The owner of the plot has as much as his portion, and the creditors have the amount of the portion of the structure."
Malik said, "The explanation of that is that the value of it all is fifteen hundred dirhams. The value of the plot is five hundred dirhams, and the value of the building is one thousand dirhams. The owner of the plot has a third, and the creditors have two-thirds."
Malik said, "It is like that with spinning and other things of the same nature in these circumstances and the buyer has a debt which he cannot pay. This is the behaviour in such cases."
Malik said, "As for goods which have been sold and which the buyer does not improve, but those goods sell well and have gone up in price, so their owner wants them and the creditors also want to seize them, then the creditors choose between giving the owner of the goods the price for which he sold them and not giving him any loss and surrendering his goods to him.
"If the price of the goods has gone down, the one who sold them has a choice. If he likes, he can take his goods and he has no claim to any of his debtor's property, and that is his right. If he likes, he can be one of the creditors and take a portion of his due and not take his goods. That is up to him."
Malik said about someone who bought a slave-girl or animal and she gave birth in his possession and the buyer went bankrupt, "The slave-girl or the animal and the offspring belong to the seller unless the creditors desire it. In that case they give him his complete due and they take it."
| USC-MSA web (English) reference | : Book 31, Hadith 89 |
| Arabic reference | : Book 31, Hadith 1375 |
| مُتَّفق عَلَيْهِ (الألباني) | حكم : |
| Reference | : Mishkat al-Masabih 5494 |
| In-book reference | : Book 27, Hadith 115 |
| Grade: | Da'if (Darussalam) |
| Reference | : Sunan Ibn Majah 2062 |
| In-book reference | : Book 10, Hadith 47 |
| English translation | : Vol. 3, Book 10, Hadith 2062 |
| Grade: | Hasan Isnād (Zubair `Aliza'i) |
| Reference | : Ash-Shama'il Al-Muhammadiyah 401 |
| In-book reference | : Book 55, Hadith 2 |
| Reference | : Al-Adab Al-Mufrad 178 |
| In-book reference | : Book 9, Hadith 23 |
| English translation | : Book 9, Hadith 178 |
| Reference | : Bulugh al-Maram 555 |
| In-book reference | : Book 3, Hadith 23 |
| English translation | : Book 3, Hadith 579 |
| Grade: | Da'if (Darussalam) |
| Reference | : Jami` at-Tirmidhi 2369 |
| In-book reference | : Book 36, Hadith 66 |
| English translation | : Vol. 4, Book 10, Hadith 2369 |
| Sunnah.com reference | : Book 7, Hadith 12 |
| English translation | : Book 7, Hadith 793 |
| Arabic reference | : Book 7, Hadith 790 |
| Reference | : Al-Adab Al-Mufrad 1047 |
| In-book reference | : Book 42, Hadith 84 |
| English translation | : Book 42, Hadith 1047 |
| Reference | : Al-Adab Al-Mufrad 1048 |
| In-book reference | : Book 42, Hadith 85 |
| English translation | : Book 42, Hadith 1048 |
Malik said, "There is no harm in buying dates from specified trees or a specified orchard or buying milk from specified sheep when the buyer starts to take them as soon as he has payed the price. That is like buying oil from a container. A man buys some of it for a dinar or two and gives his gold and stipulates that it be measured out for him. There is no harm in that. If the container breaks and the oil is wasted, the buyer has his gold back and there is no transaction between them."
Malik said, "There is no harm in everything which is taken right away as it is, like fresh milk and fresh picked dates which the buyer can take on a day-to-day basis. If the supply runs out before the buyer has what he has paid for in full, the seller gives him back the portion of the gold that is owed to him, or else the buyer takes other goods from him to the value of what he is owed and which they mutually agree about. The buyer should stay with the seller until he has taken it. It is disapproved of for the seller to leave because the transaction would then come into the forbidden category of a debt for a debt. If a stated time period for payment or delivery enters into the transaction, it is also disapproved. Delay and deferment are not permitted in it, and are only acceptable when it is standard practice on definite terms by which the seller guarantees it to the buyer, but this is not to be from one specific orchard or from any specific ewes."
Malik was asked about a man who bought an orchard from another man in which there were various types of palm-trees - excellent ajwa palms, good kabis palms, adhq palms and othertypes. The seller kept aside from the sale the produce of a certain palm of his choice. Malik said, "That is not good because if he does that, and keeps aside, for instance, dates of the ajwa variety whose yield would be 15 sa, and he picks the dates of the kabis in their place, and the yield of their dates is 10 sa or he picks the ajwa which yield 15 sa and leaves the kabis which yield 10 sa, it is as if he bought the ajwa for the kabis making allowances for their difference of quality. This is the same as if a man dealing with a man who has heaps of dates before him - a heap of 15 sa of ajwa, a heap of 10 sa of kabis, and a heap of 12 sa of cadhq, gives the owner of the dates a dinar to let him choose and take whichever of the heaps he likes." Malik said, "That is not good."
Malik was asked what a man who bought fresh dates from the owner of an orchard and advanced him a dinar was entitled to if the crop was spoilt. Malik said, "The buyer makes a reckoning with the owner of the orchard and takes what is due to him of the dinar. If the buyer has taken two-thirds of a dinar's worth of dates, he gets back the third of a dinar which is owed him. If the buyer has taken three-quarters of a dinar's worth of dates, then he gets back the quarter which is owed to him, or they come to a mutual agreement, and the buyer takes what is owed him from his dinar from the owner of the orchard in something else of his choosing. If, for instance, he prefers to take dry dates or some other goods, he takes them according to what is due. If he takes dry dates or some other goods, he should stay with him until he has been paid in full."
Malik said, "This is the same situation as hiring out a specified riding-camel or hiring out a slave tailor, carpenter or some other kind of worker or letting a house and taking payment in advance for the hire of the slave or the rent of the house or camel. Then an accident happens to what has been hired resulting in death or something else. The owner of the camel, slave or house returns what remains of the rent of the camel, the hire of the slave or the rent of the house to the one who advanced him the money, and the owner reckons what will settle that up in full. If, for instance, he has provided half of what the man paid for, he returns the remaining half of what he advanced, or according to whatever amount is due." Malik said, "Paying in advance for something which is on hand is only good when the buyer takes possession of what he has paid for as soon as he hands over the gold, whether it be slave, camel, or house, or in the case of dates, he starts to pick them as soon as he has paid the money."
It is not good that there be any deferment or credit in such a transaction.
Malik said, "An example illustrating what is disapproved of in this situation is that, for instance, a man may say that he will pay someone in advance for the use of his camel to ride in the hajj, and the hajj is still some time off, or he may say something similar to that about a slave or a house. When he does that, he only pays the money in advance on the understanding that if he finds the camel to be sound at the time the hire is due to begin, he will take it by virtue of what he has already paid. If an accident, or death, or something happens to the camel, then he will get his money back and the money he paid in advance will be considered as a loan."
Malik said, "This is distinct from someone who takes immediate possession of what he rents or hires, so that it does not fall into the category of 'uncertainty,' or disapproved payment in advance. That is following a common practice. An example of that is that a man buys a slave, or slave-girl, and takes possession of them and pays their price. If something happens to them within the period of the year indemnification contract, he takes his gold back from the one from whom he bought it. There is no harm in that. This is the precedent of the sunna in the matter of selling slaves."
Malik said, "Someone who rents a specified slave, or hires a specified camel, for a future date, at which time he will take possession of the camel or slave, has not acted properly because he did not take possession of what he rented or hired, nor is he advancing a loan which the person is responsible to pay back."
| USC-MSA web (English) reference | : Book 31, Hadith 26 |