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Hadith 2617

أَخْبَرَنَا أَبُو الْوَلِيدِ، حَدَّثَنَا حَمَّادُ بْنُ سَلَمَةَ، عَنْ سِمَاكِ بْنِ حَرْبٍ، عَنْ سَعِيدِ بْنِ جُبَيْرٍ، عَنِ ابْنِ عُمَرَ، قَالَ: كُنْتُ أَبِيعُ الْإِبِلَ بِالْبَقِيعِ فَأَبِيعُ بِالدَّنَانِيرِ، وَآخُذُ الدَّرَاهِمَ، وَأَبِيعُ بِالدَّرَاهِمِ وَآخُذُ الدَّنَانِيرَ وَرُبَّمَا قَالَ: أَقْبِضُ فَأَتَيْتُ رَسُولَ اللَّهِ صَلَّى اللَّهُ عَلَيْهِ وَسَلَّمَ، فَقُلْتُ: يَا رَسُولَ اللَّهِ، رُوَيْدَكَ أَسْأَلُكَ: إِنِّي أَبِيعُ الْإِبِلَ بِالْبَقِيعِ فَأَبِيعُ بِالدَّنَانِيرِ، وَآخُذُ الدَّرَاهِمَ، وَأَبِيعُ بِالدَّرَاهِمِ وَآخُذُ الدَّنَانِيرَ . قَالَ: "لَا بَأْسَ أَنْ تَأْخُذَ بِسِعْرِ يَوْمِكَ، مَا لَمْ تَفْتَرِقَا، وَبَيْنَكُمَا شَيْءٌ".
Sayyiduna Ibn Umar (may Allah be pleased with them both) said: I used to sell camels near Baqi‘, selling them for dinars and then taking dirhams, and selling them for dirhams and then taking dinars (in some narrations, instead of "taking," the word is "receiving," both have the same meaning). Then I came to the Messenger of Allah (peace and blessings be upon him) and said: O Messenger of Allah! Please wait, I want to ask you a question. I sell camels near Baqi‘ for dinars and take dirhams, and sometimes I sell for dirhams and take dinars. The Prophet (peace and blessings be upon him) said: "There is no harm if you take it according to the rate (price) of that day, as long as you do not separate while leaving something due upon one another (i.e., settle accounts before parting)."
Hadith Reference سنن دارمي / من كتاب البيوع / 2617
Hadith Grading تحقیق (حسین سلیم أسد الدارانی): إسناده حسن، [مكتبه الشامله نمبر: 2623]
Hadith Takhrij اس روایت کی سند حسن ہے۔ دیکھئے: [أبوداؤد 3354] ، [ترمذي 1242] ، [نسائي 4596] ، [ابن ماجه 2262] ، [ابن حبان 4920] ، [الموارد 1128]
Brief Explanation
(Commentary on Hadith 2616)

It should be noted that the dinar is of gold and the dirham is of silver.

In the aforementioned hadith, it has been declared permissible to exchange gold for silver or silver for gold, provided that the transaction takes place in the same sitting and according to the price of that very day.

From this hadith, it is understood that there is no harm in taking dirhams equal to the value of gold, or taking dinars equal to the value of dirhams, as long as the payment is made before the parties separate.

In summary, exchanging gold and silver for one another is permissible in the case that it is hand-to-hand (i.e., immediate exchange), and the full payment is made on the spot; it should not be deferred.