Earningand Muslim spendingwealth Students' Association Like all aspects of life, trade, if donehonestlyandfairlycanbe, UniversityofAlberta aformofdevotiontoGod.Ifit is done unethically and u njustly itcanbeasourceofdistancing oneselffromGod.TheProphet (p)taughtagreatdealonethical trading. An honest and trustworthy me r- chant will be [raised] with the Prophets, the truthful and the martyrs. source: At -Tirmidhi HadithCollection Although the ne cessity of trade is recognized in Islam, the hoar ding of wealth is discou r- aged.Thebestwealthisspent on caring for your family, the needy, and society at large. The example is that of the Prophet (p)whodiedwithonlya pillowandasackofbarleyinhis What did possession. Muhammad Richesdoesnotmean,havinga teach about great amount of property, but richesisself -contentment. Business? source:BukhariHadithCollection Formoreinformationpleasecontact:

MuslimStudents'Association

Office 040U Understanding Muhammad Box 55 SUB University of Alberta Beforebecomingatrader,Muhammad(p), Edmonton, AB T6G 2J7 was a shepherd, like Moses and David [email protected] beforehim.Familiartrainingitwouldseem [email protected] for those destined to fulfill the role of www.ualberta.ca/~msa Prophethood. Neither buy, nor take back charity which you does not pay him his wages. What did have given. source: Bukhari Hadith Collection source: Bukhari Hadith Collection Pay the labourer his wages even before Muhammad teach The seller and the buyer have the righ t to keep his sweat dries. about Business? or return goods as long as they have not parted; source : Ibn Majah Hadith Collection and if both the parties spoke the truth and d e- Loaning scribed the defects and qualities [of the goods], There was a merchant who used to T rade then they would be blessed in their transaction, lend the people, and whenever his In Islam, trade has always been re c- and if they told lies or hid something, then the debtor was in straitened circu m- ognized as an important aspect of blessings of their transaction would be lost. stances, he would say to his employees, human life. Before revelation came source: Bukhari Hadith Collection 'Forgive him so that God may forgive Selling to him, the Prophet Muhammad, us.’ So, God forgave him. peace be upon him (p), himse lf A merchant who ho ards goods in order to raise source: Ibn Majah Hadith Collection earned his living as a trader. their price is a sinner. The Prophet (p) cursed the one who source: Muslim Hadith Collection accepted usury (lending money with His integrity and veracity were interest), the one who paid it, the wi t- quickly noticed by his employer, It is required for the vendor to tell th e buyer of ness to it, and the one who recorded it. Khadija, who later proposed and was any defects of which he is aware. source: ibn Hanbal Hadith Collection source: Abu Dawud Hadith Collection married to him. It was also as a r e- sult of his honest and noble chara c- The trade of alcohol has become illegal. Working source: Bukhari Hadith Collection ter that he became known as ‘al - The Prophet (p) was asked which was Amin’ or ‘ the Trustworthy’ amongst The Prophet (p) forbade a seller from telling a the bes t kind of earning, he replied: his peers. buyer that he had been offered a price for goods That for which a man works with his that he had not been offered [in order to raise Honorable behaviour in all aspects of hands. And honest trading. the price or encourage the sale.] life, including trade, necessarily a f- source: Ibn Hanbal Hadith Collection source: Bukhari Hadith Collection fect your personal life and society at Employin g Those who take bribes and those who large, as was the example of the give bribes are cursed by God. The Prophet (p) cursed one who employs a l a- Prophet (p). It is his example of ho n- source: Bukhari and Muslim Hadith Collection esty that Muslims should follow in bourer and gets the full work done by him but A time wi ll come when people will no their day -to -day transactions. longer care about whether their wealth Among the teachings of the Prophet has been lawfully or unlawfully a c- Muhammad (p) are: quired. Buying source: Bukhari Hadith Collection God will show compassion to those who show kindness while buying, sel ling and recovering debts. The Prophet Muhammad (p) is reported source: Bukhari Hadith Collection to have said: If the son of Adam were to possess two va l- Giving in charity does not deplete wealth. leys of riches, he would long for the third IndonesiahasthelargestMuslimpopulationintheworld.Islam source:MuslimHadithCollection one. spreadtoIndonesiabywayofmerchantsandtraders. source: Muslim Hadith Collection