It is narrated from Sayyiduna Rafi' bin Khadij (may Allah be pleased with him) that he said: We used to rent out land by way of 'muhaqalah' for a third, a quarter or a fixed quantity of grain. Then (the Messenger of Allah (peace and blessings be upon him)) ordered us either to cultivate the land ourselves or to have someone else cultivate it, and he disliked renting it out, and anything other than that.
Hadith Referenceالمعجم الكبير للطبراني / باب الراء / 4263