Sunnats and Aadaab – Hanafi Mazhab

One should recite the following Duaas when entering the marketplace. Dua One: لَا إِلَه إِلَّا الله وَحده لَا شريك لَهُ لَهُ الْملك وَله الْحَمد يحيي وَيُمِيت وَهُوَ حَيّ لَا يَمُوت بِيَدِهِ الْخَيْر وَهُوَ على كل شَيْء قدير There is no deity besides Allah Ta’ala alone, who has no partner. To …

1. It is not permissible for one to get involved in interest bearing transactions. The giving and taking of interest are both haraam in Islam. وَأَحَلَّ اللَّـهُ الْبَيْعَ وَحَرَّمَ الرِّبَا ﴿البقرة: ٢٧٥﴾ And Allah has permitted sale and prohibited riba – interest. الَّذِينَ يَأْكُلُونَ الرِّبَا لَا يَقُومُونَ إِلَّا كَمَا يَقُومُ …

1. Once the sale is concluded, neither the purchaser nor the seller has the right to unilaterally cancel the sale. However, if the customer wishes to return the purchased item and cancel the sale, it will be greatly rewarding for the seller to cancel the sale and give him a …

1. If a person has made an offer to purchase and the seller is inclined to concluding the deal, then it is impermissible for anyone else to make an offer over the offer of the purchaser. This has been prohibited in the Hadith. However, if the seller is not inclined …

1. The price of the sale item must be mutually agreed upon at the time of the sale. 2. When the sale is a credit sale, it is compulsory upon both parties to mutually agree upon the date of payment e.g. 30 days from the day of the sale. If …

1. When purchasing an item, one should not degrade the item or find fault with it in order to receive a discount. Similarly, when selling an item, one should not exaggerate and unduly praise the item in order to get a higher price or to convince the customer to purchase …

1. In a lease contract or a business transaction, none of the transacting parties should violate the agreed terms of the contract or transaction. If both parties agreed upon a certain price and a certain quality or quantity of the sale item, or in a lease contract, both agreed upon …

1. If the debtor is in financial constraints and difficulty, the creditor should not harass him, rather he should take pity on his condition and grant him respite in settling his debts. عن أبي هريرة رضي الله عنه قال: قال رسول الله صلى الله عليه وسلم: من أنظر معسرا، أو …

1. One should not delay in settling his debts. It is reported in the Hadith that the debtor’s procrastination in settling his debts, despite him having the means to do so, is a form of oppression. عن أبي هريرة رضي الله عنه، يقول: قال رسول الله صلى الله عليه وسلم: …

1. If the seller, despite knowing about the defect in the goods, conceals it from the purchaser, he will be sinful and will incur the wrath of Allah Ta‘ala and the curse of the angels. عن عقبة بن عامر قال: سمعت رسول الله صلى الله عليه وسلم، يقول: المسلم أخو …