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Narrated by Muslim - Narrated by Bukhari & MuslimAuthentic hadith

Do not sell gold for gold except like for like, and do not sell less amount for greater amount or vice versa. And do not sell silver for silver except like for like, and do not sell less amount for greater amount or vice versa. And do not sell gold or silver that is not present at the moment of exchange for gold or silver that is present

Narrator in the source: Abu Sa‘īd al-Khudri reported that the Messenger of Allah

Abu Sa‘īd al-Khudri (may Allah be pleased with him) reported that the Prophet (may Allah's peace and blessings be upon him) said: "Do not sell gold for gold except like for like, and do not sell less amount for greater amount or vice versa. Do not sell silver for silver except like for like, and do not sell less amount for greater amount or vice versa. Do not sell gold or silver that is not present at the moment of exchange for gold or silver that is present." Another wording reads: "... except hand to hand." A third wording reads: "... except if it is equal in weight, equivalent in value, and of the same quality.”
Grade in the source
Authentic hadith
Reported by
Narrated by Muslim - Narrated by Bukhari & Muslim
Source entry
HadeethEnc · 6087 ↗
Original Arabic wording
عن أبي سعيد الخدري- رضي الله عنه- مرفوعاً: «لا تبيعوا الذهب بالذهب إلا مثِلْاً بمثل، ولا تُشِفُّوا بعضها على بعض، ولا تبيعوا الوَرِقَ بالوَرِقِ إلا مثلا بمثل، ولا تُشفوا بعضها على بعض، ولا تبيعوا منها غائبا بناجز». وفي لفظ «إلا يدا بيد». وفي لفظ «إلا وزنا بوزن، مثلا بمثل، سواء بسواء».
Understand this hadith

In this Hadīth, the Prophet (may Allah's peace and blessings be upon him) prohibited usury with its two kinds: Fadl (usury of surplus or excess) and Nasī'ah (usury of deferred payment). He prohibited selling gold for gold, whether it is minted or not, except if it is equivalent in weight and exchanged on the spot during the sale transaction, as it is not permissible to sell one that is physically present for another that is not. He also prohibited selling silver for silver, whether it is minted or not, except if it is equivalent in weight and exchanged on the spot during the sale contract. It is not permissible for one to be more than the other, nor for one of the parties involved in the transaction to depart before the exchange is made.

References (original Arabic)

منحة العلَّام للشيخ عبد الله بن صالح الفوزان، ط1، دار ابن الجوزي، الدمام، 1427ه. تيسير العلام شرح عمدة الأحكام للبسام، حققه وعلق عليه وخرج أحاديثه وصنع فهارسه: محمد صبحي بن حسن حلاق، ط10، مكتبة الصحابة، الإمارات - مكتبة التابعين، القاهرة، 1426 هـ. الإلمام بشرح عمدة الأحكام لإسماعيل الأنصاري، ط1، دار الفكر، دمشق، 1381ه. صحيح البخاري، تحقيق: محمد زهير بن ناصر الناصر، ط1، دار طوق النجاة (مصورة عن السلطانية بإضافة ترقيم: محمد فؤاد عبد الباقي)، 1422ه. صحيح مسلم، تحقيق: محمد فؤاد عبد الباقي، دار إحياء التراث العربي، بيروت.