Hadith 41

Mishkat al-Masabih

Book 11: Business Transactions

Chapter 3

Conditional Bargains* - Section 1

باب الخيار - الفصل الأول

Translator's Note: * The word used is khiyar which means "choice”. That does not seem a very suitable word in English to indicate the subject of the chapter, as it is rather vague, and so I have taken the liberty of using a more explanatory phrase. The chapter deals with the kind of transaction where either party has in certain circumstances the right to annul it. "Option” would have been a good translation, but I wish to use this as part of the translation of shuf'a in Chapter 12.
Mishkat al-Masabih 2802
وَعَن حَكِيم بن حزَام قَالَ: قَالَ رَسُولُ اللَّهِ صَلَّى اللَّهُ عَلَيْهِ وَسَلَّمَ: «الْبَيِّعَانِ بِالْخِيَارِ مَا لَمْ يَتَفَرَّقَا فَإِنْ صَدَقَا وَبَيَّنَا بُوِرَكَ لَهُمَا فِي بَيْعِهِمَا وَإِنْ كَتَمَا وَكَذَبَا مُحِقَتْ بَرَكَةُ بَيْعِهِمَا»
Hakim b. Hizam reported God’s Messenger as saying, "Both parties in a business transaction have a right to annul it so long as they have not separated ; and if they tell the truth and make everything clear they will be blessed in their transaction, but if they conceal anything and lie the blessing on their transaction will be blotted out.” (Bukhari and Muslim.)