1) Abu Huraira reported Allah’s Messenger (Sall Allah-o-alaihe wa sallam) as saying: “Do not go out to meet riders to enter into transaction with them; none of you must buy in opposition to another, nor must you bid against one another; a townsman must not sell for a man from the desert, and do not tie up udders of camels and sheep. and he who buys them, after that has been done, has two courses open to him; after he has milked them he may keep them if he is pleased with them, or he may return them along with a sa‘ of dates if he is displeased with them.”
2) Abu Huraira reported Allah’s Messenger (Sall Allah-o-alaihe wa sallam) as saying: “Do not meet the merchant in the way and enter into business transaction with him, and whoever meets him and buys from him (and in case it is done, see) that when the owner (of merchandise) comes into the market (and finds that he has been paid less price) he has the option (to declare the transaction null and void).”
3) Abu Huraira reported it directly from Allah’s Apostle (Sall Allah-o-alaihe wa sallam): “The townsman should not sell for a man from the desert (with a view to taking advantage of his ignorance of the market conditions of the city). And Zuhair reported from the Holy Prophet (Sall Allah-o-alaihe wa sallam) that he forbade the townsman to sell on behalf of the man from the desert.”
Anas b. Malik reported: “We were forbidden that a townsman should sell for a man of the desert, even if he is his brother or father.”
4) Ibn ‘Umar reported Allah’s Messenger (Sall Allah-o-alaihe wa sallam) as having said this: “One amongst you should not enter into a transaction when another is bargaining.
Ibn ‘Umar reported Allah’s Messenger (Sall Allah-o-alaihe wa sallam) as saying: “A person should not enter into a transaction when his (fellow) brother is already making a transaction and he should not make a proposal of marriage when his brother has already made a proposal, except when he gives permission.”
Source: Economic Teachings of Prophet Muhammad (peace be upon him): A Select Anthology of Hadith Literature on Economics, Muhammad Akram Khan. Republished with permission.
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