وعنه رضي الله عنه قال: نهى رسول الله صلى الله عليه وآله وسلم عن بيع العربان. رواه مالك ، قال: بلغني عن عمرو بن شعيب به.
Narrated ['Amr bin Shu'aib on his father's authority from his grandfather (RA)]: Allah's Messenger (ﷺ) forbade the type of transaction in which a security deposit was paid. [Reported by Malik, who said, "It reached me (with mentioning its chain of narrators) on the authority of 'Amr bin Shu'aib that..." i.e., the aforesaid Hadith].
Hadith Referenceبلوغ المرام / 668
Hadith Gradingمحدثین:حسن
Hadith Takhrij«أخرجه مالك في الموطأ:2 /609، وانظر سنن ابن ماجه، التجارات، حديث:2192 بتحقيقي، وللحديث شواهد.»
´It was narrated from 'Amr bin Shu'aib, from his father, from his grandfather that :` the Prophet (ﷺ) forbade the deal involving earnest money. (Hasan)Abu 'Abdullah said: Earnest money refers to when a man buys an animal for one hundred Dinar, then he gives the seller two Dinar in advance and says: "If I do not buy the animal, then the two Dinar are yours." And it was said that it refers, and Allah knows best, to when a man buys something, and gives the seller a Dirham or less or more, and says: "If I take it (all well and good), and if I do not, then the Dirham is yours."
Maulana Ataullah Sajid
Benefit: Amir San‘ani rahimahullah, in Subul al-Salam, the commentary of Bulugh al-Maram, writes regarding this sale:
“There is a difference of opinion among the jurists regarding the permissibility of this sale. Imam Malik and Imam Shafi‘i rahimahumallah have declared it invalid due to the hadith prohibiting it, and also because it contains an unlawful condition and deception. And this is included in consuming someone’s wealth unlawfully.”
This opinion appears to be correct, because in the case of the sale being annulled, the seller receives an amount for which he does not provide the buyer with any goods or benefit. And it is not permissible to take someone’s wealth without compensation. Furthermore, returning a sale is a virtuous act. (See, Hadith: 2199) And the condition of earnest money (bay‘anah) is stipulated so that the buyer does not return the purchased item; this is an avoidance of virtue, which cannot be considered commendable.
Source: Commentary on Sunan Ibn Mājah by Mawlānā ‘Atā’ullāh Sājid, Page: 2193