Darussalam · Volume 3
12. The Chapters On Business TransactionsSunan Ibn Majah Darussalam English translation
الحديث: 2259 ¦ الجزء: 2 ¦ الصفحة: 759
Source no. 2259 · Volume 5 · Page 259
Sahih
صحيح أحاديث البيوع
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2259. It was narrated that Zuhri heard Mâlik bin Aws bin Hadathân say: "I heard 'Umar say: "The Messenger of Allâh ﷺ said: 'Gold for silver is usury, unless it is exchanged on the spot.'" (Sahih) Abu Bakr bin Abu-Shaibah said: "I heard sufyan saying: 'Gold for silver.'" memorize (this).
2259 - حَدَّثَنَا أَبُو بَكْرِ بْنُ أَبِي شَيْبَةَ قَالَ: حَدَّثَنَا سُفْيَانُ بْنُ عُيَيْنَةَ، عَنِ الزُّهْرِيِّ، سَمِعَ مَالِكَ بْنَ أَوْسِ بْنِ الْحَدَثَانِ، يَقُولُ: سَمِعْتُ عُمَرَ، يَقُولُ: قَالَ رَسُولُ اللَّهِ صَلَّى اللهُ عَلَيْهِ وَسَلَّمَ: «الذَّهَبُ بِالْوَرِقِ رِبًا، إِلَّا هَاءَ وَهَاءَ» قَالَ أَبُو بَكْرِ بْنُ أَبِي شَيْبَةَ: سَمِعْتُ سُفْيَانَ، يَقُولُ: «الذَّهَبُ بِالْوَرِقِ، احْفَظُوا»
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The exchange of gold and silver is permissible provided the payment from both sides is made on the spot. If this condition does not exist, then the exchange of gold and silver is Islamically prohibited.