Hadith 43

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 2804
عَنْ عَمْرِو بْنِ شُعَيْبٍ عَنْ أَبِيهِ عَنْ جَدِّهِ أَنَّ رَسُولَ اللَّهِ صَلَّى اللَّهُ عَلَيْهِ وَسَلَّمَ قَالَ: «الْبَيِّعَانِ بِالْخِيَارِ مَا لَمْ يَتَفَرَّقَا إِلَّا أَنْ يَكُونَ صَفْقَةَ خِيَارٍ وَلَا يَحِلُّ لَهُ أَنْ يُفَارِقَ صَاحِبَهُ خَشْيَةَ أَنْ يَسْتَقِيلَهُ» . رَوَاهُ التِّرْمِذِيّ وَأَبُو دَاوُد وَالنَّسَائِيّ
'Amr b. Shu'aib, on his father's authority, said that his grandfather 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 unless it is a bargain with the right to annul it attached to it; and one has not the right to separate from the other for fear that he may demand that the bargain be rescinded.” Tirmidhi, Abu Dawud and Nasa’i transmitted it.