Yahya related to me from Malik that Yahya ibn Said heard Said ibn al-Musayyab say, "Keeping gold and silver out of circulation is part of working corruption in the land."

Malik said, "There is no harm in buying gold with silver or silver with gold without measuring if it is unminted or a piece of jewellery which has been made. Counted dirhams and counted dinars should not be bought without reckoning until they are known and counted. To abandon number and buy them at random would only be to speculate. That is not part of the business transactions of Muslims. As for what is weighed of unminted objects and jewellery, there is no harm in buying such things without measuring. To buy them without measuring is like buying wheat, dried dates, and such food-stuffs, which are sold without measuring, even though things like them are measured "

Malik spoke about buying a Qur'an, a sword or a signet ring which had some gold or silver work on it with dinars or dirhams. He said, "The value of the object bought with dinars, which has gold in it is looked at. If the value of the gold is up to one-third of the price, it is permitted and there is no harm in it if the sale is hand to hand and there is no deferment in it. When something is bought with silver which has silver in it, the value is looked at. If the value of the silver is one- third, it is permitted and there is no harm in it if the sale is hand to hand. That is still the way of doing things among us."


وَحَدَّثَنِي عَنْ مَالِكٍ، عَنْ يَحْيَى بْنِ سَعِيدٍ، أَنَّهُ سَمِعَ سَعِيدَ بْنَ الْمُسَيَّبِ، يَقُولُ قَطْعُ الذَّهَبِ وَالْوَرِقِ مِنَ الْفَسَادِ فِي الأَرْضِ ‏.‏ قَالَ مَالِكٌ وَلاَ بَأْسَ أَنْ يَشْتَرِيَ الرَّجُلُ الذَّهَبَ بِالْفِضَّةِ وَالْفِضَّةَ بِالذَّهَبِ جِزَافًا إِذَا كَانَ تِبْرًا أَوْ حَلْيًا قَدْ صِيغَ فَأَمَّا الدَّرَاهِمُ الْمَعْدُودَةُ وَالدَّنَانِيرُ الْمَعْدُودَةُ فَلاَ يَنْبَغِي لأَحَدٍ أَنْ يَشْتَرِيَ ذَلِكَ جِزَافًا حَتَّى يُعْلَمَ وَيُعَدَّ فَإِنِ اشْتُرِيَ ذَلِكَ جِزَافًا فَإِنَّمَا يُرَادُ بِهِ الْغَرَرُ حِينَ يُتْرَكُ عَدُّهُ وَيُشْتَرَى جِزَافًا وَلَيْسَ هَذَا مِنْ بُيُوعِ الْمُسْلِمِينَ فَأَمَّا مَا كَانَ يُوزَنُ مِنَ التِّبْرِ وَالْحَلْىِ فَلاَ بَأْسَ أَنْ يُبَاعَ ذَلِكَ جِزَافًا وَإِنَّمَا ابْتِيَاعُ ذَلِكَ جِزَافًا كَهَيْئَةِ الْحِنْطَةِ وَالتَّمْرِ وَنَحْوِهِمَا مِنَ الأَطْعِمَةِ الَّتِي تُبَاعُ جِزَافًا وَمِثْلُهَا يُكَالُ فَلَيْسَ بِابْتِيَاعِ ذَلِكَ جِزَافًا بَأْسٌ ‏.‏ قَالَ مَالِكٌ مَنِ اشْتَرَى مُصْحَفًا أَوْ سَيْفًا أَوْ خَاتَمًا وَفِي شَىْءٍ مِنْ ذَلِكَ ذَهَبٌ أَوْ فِضَّةٌ بِدَنَانِيرَ أَوْ دَرَاهِمَ فَإِنَّ مَا اشْتُرِيَ مِنْ ذَلِكَ وَفِيهِ الذَّهَبُ بِدَنَانِيرَ فَإِنَّهُ يُنْظَرُ إِلَى قِيمَتِهِ فَإِنْ كَانَتْ قِيمَةُ ذَلِكَ الثُّلُثَيْنِ وَقِيمَةُ مَا فِيهِ مِنَ الذَّهَبِ الثُّلُثَ فَذَلِكَ جَائِزٌ لاَ بَأْسَ بِهِ إِذَا كَانَ ذَلِكَ يَدًا بِيَدٍ وَلاَ يَكُونُ فِيهِ تَأْخِيرٌ وَمَا اشْتُرِيَ مِنْ ذَلِكَ بِالْوَرِقِ مِمَّا فِيهِ الْوَرِقُ نُظِرَ إِلَى قِيمَتِهِ فَإِنْ كَانَ قِيمَةُ ذَلِكَ الثُّلُثَيْنِ وَقِيمَةُ مَا فِيهِ مِنَ الْوَرِقِ الثُّلُثَ فَذَلِكَ جَائِزٌ لاَ بَأْسَ بِهِ إِذَا كَانَ ذَلِكَ يَدًا بِيَدٍ وَلَمْ يَزَلْ ذَلِكَ مِنْ أَمْرِ النَّاسِ عِنْدَنَا ‏.‏
USC-MSA web (English) reference : Book 31, Hadith 37
Arabic reference : Book 31, Hadith 1329