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12 Jumada I 1448 AH

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Al-Fath ar-Rabbani 5966 — The categories in which usury is found

عَنْ أَبِي هُرَيْرَةَ رَضِيَ اللَّهُ عَنْهُ عَنِ النَّبِيِّ صَلَّى اللَّهُ عَلَيْهِ وَآلِهِ وَسَلَّمَ قَالَ الذَّهَبُ بِالذَّهَبِ وَالْفِضَّةُ بِالْفِضَّةِ وَالْوَرَقُ بِالْوَرَقِ مِثْلًا بِمِثْلٍ يَدًا بِيَدٍ مَنْ زَادَ أَوِ اسْتَزَادَ فَقَدْ أَرْبَى
Narrated by Sayyiduna Abu Hurairah (may Allah be pleased with him) that the Noble Prophet (peace and blessings be upon him) said: At the time of sale, gold for gold, silver for silver, and silver coin for silver coin should be equal and hand to hand; whoever gives or demands more has engaged in usury.
Hadith Reference الفتح الربانی / أبواب الربا / 5966
Hadith Grading محدثین: أخرجه مسلم: 1588
Hadith Takhrij «أخرجه مسلم: 1588 ، (انظر مسند أحمد ترقيم الرسالة: 9639 ترقیم بيت الأفكار الدولية: 9637»
Brief Explanation
Benefits: … "Waraq" is the silver that has been minted into coins; "fiddah" also refers to silver, but the difference is that its usage applies to both coined and uncoined silver.

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