It is narrated from Zuhri (may Allah have mercy on him) that Sa'id bin al-Musayyib (may Allah have mercy on him) saw no harm in renting out land for gold and silver. And Rafi' bin Khadij (may Allah be pleased with him) narrated from his two paternal uncles who had fought at Badr that the Prophet (peace and blessings be upon him) forbade "renting out land." Because of the hadith of Rafi' (may Allah be pleased with him), Ibn Umar (may Allah be pleased with them both) gave up renting out his land; he would not rent it for gold, silver or anything else. Some people acted on the fatwa of Rafi' (may Allah be pleased with him) and others left it. As for dealing on a half, two thirds or whatever they agreed upon, the Prophet (peace and blessings be upon him) engaged the Jews of Khaybar on half when Allah gave it to the Muslims as spoils, and this is the best solution for land.
The Shaykh (may Allah have mercy on him) said: Whoever held the first view answered this and maintained that, where something is established from the Prophet (peace and blessings be upon him), no one's word besides his is proof. The hadith of Rafi' (may Allah be pleased with him) is established from the Prophet (peace and blessings be upon him), and it contains evidence of his prohibition of dealing (in land) for part of its produce; except that he sometimes narrated it with a connected chain from some of his paternal uncles and sometimes as mursal, and sometimes in full and sometimes in brief. Jabir bin Abdullah (may Allah be pleased with him) and others corroborated his narration, as we mentioned earlier. As for the hadith of dealing for half of the fruit or crops of Khaybar, it is acted upon when the crops are between the date palms, and this is a way of reconciling the reports.
Hadith Referenceالسنن الكبرى للبيهقي / كتاب المزارعة / 11741