English translation
2154. It was narrated from Ma'mar bin 'Abdullāh bin Nadlah that the Messenger of Allāh ﷺ said: "No one hoards but a sinner." (Sahih)
Darussalam · Volume 3
12. The Chapters On Business TransactionsSunan Ibn Majah Darussalam English translation
الحديث: 2154 ¦ الجزء: 2 ¦ الصفحة: 728
Source no. 2154 · Volume 5 · Page 154
Sahih
صحيح أحاديث البيوع
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2154. It was narrated from Ma'mar bin 'Abdullāh bin Nadlah that the Messenger of Allāh ﷺ said: "No one hoards but a sinner." (Sahih)
2154 - حَدَّثَنَا أَبُو بَكْرِ بْنُ أَبِي شَيْبَةَ قَالَ: حَدَّثَنَا يَزِيدُ بْنُ هَارُونَ، عَنْ مُحَمَّدِ بْنِ إِسْحَاقَ، عَنْ مُحَمَّدِ بْنِ إِبْرَاهِيمَ، عَنْ سَعِيدِ بْنِ الْمُسَيِّبِ، عَنْ مَعْمَرِ بْنِ عَبْدِ اللَّهِ بْنِ نَضْلَةَ، قَالَ: قَالَ رَسُولُ اللَّهِ صَلَّى اللهُ عَلَيْهِ وَسَلَّمَ: «لَا يَحْتَكِرُ إِلَّا خَاطِئٌ»
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"Hoarding up" is when people are in more need of something, the trader holds back the stock in order to let the price increase, out of greed and selfishness. Such a person has a desire in his heart that the public get trapped in difficulty and he/she will take advantage of that to accumulate wealth. This type of desires does not suit a Muslim's dignity.