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How to Succeed in Trade

There is much good in trade for those who are truthful and avoid lying and deception. Allah grants them provision and blesses their earnings. The Prophet, peace and blessings be upon him, said in the authentic hadith: “The two parties to a transaction have the option to annul it as long as they have not parted. If they are truthful and disclose the defects of the goods, they will be blessed in their transaction. If they conceal and lie, the blessing of their transaction will be erased.” Thus, truthfulness and transparency in trade are among the means of earning profit, attaining success, and receiving blessing.

Lying and Deception Erase the Blessing of Trade

Lying and deception in business dealings are among the causes of Allah’s anger and the removal of blessing, as well as the loss of wealth. The Prophet, peace and blessings be upon him, said: “There are three whom Allah will not speak to, nor look at, nor purify on the Day of Resurrection, and they will have a painful punishment: the one who lets his garment hang below his ankles, the one who reminds others of what he has given them, and the one who sells his merchandise by means of a false oath.” This was narrated by Muslim in his Sahih. By including the one who sells his merchandise through false oaths among these people, the Prophet demonstrated the evil of lying in trade and business dealings, and that it is a grave wrongdoing, even if it results in an increase in wealth. Such wealth, however, is deprived of blessing and accompanied by Allah’s anger. Therefore, a believer should never take lying and deception lightly.

The one who lets his garment hang below his ankles was mentioned alongside them because doing so can lead to arrogance and pride, which ultimately lead a person to the Fire and expose him to the anger of Allah. The Prophet, peace and blessings be upon him, said: “Whoever drags his garment out of pride, Allah will not look at him on the Day of Resurrection.” Thus, letting one’s garments hang below the ankles can lead to such behavior and often results in it, which is why the warning against it is so severe and the matter is so serious.

The Honest Merchant Is Among the Righteous

He, peace and blessings be upon him, also encouraged and urged people to engage in trade, saying: “The truthful, trustworthy merchant is with the Prophets, the truthful, and the martyrs.” The truthful and trustworthy Muslim merchant possesses several essential qualities: he is a Muslim, trustworthy, and truthful. As for a Muslim who is treacherous, deceitful, and dishonest, no, he is not among them. Trade must therefore be conducted by someone who is truthful and trustworthy, not treacherous or dishonest.

You have also heard what was mentioned in the previous hadith: “If they conceal and lie, the blessing of their transaction will be erased.” The Prophet, peace and blessings be upon him, also said: “The merchants will be resurrected on the Day of Resurrection as wicked people, except those who fear Allah, act righteously, and are truthful.” Since lying, treachery, and greed for wealth through unlawful means were prevalent among merchants, they would be resurrected on the Day of Resurrection as wicked people, except those who fear Allah, act righteously, and are truthful. We ask Allah for well being. The prevalent practices among them included deception, lying, indifference to what is right, and pursuing every means of acquiring wealth, even when that wealth was obtained through prohibited means such as usury, deception, lying, treachery, and the like. This was the prevailing condition. Hence, the Prophet said of them that they would be resurrected as wicked people, except those who fear Allah, act righteously, and are truthful. Whoever fears Allah in his dealings, acts righteously in his oaths, and speaks truthfully is safe. Such a person will be gathered with the truthful, the Prophets, and the martyrs because his dealings are sound, he is truthful, and he guards his tongue against lying.

Wealth Without Blessing Becomes a Burden

As for the one who prefers this world over the Hereafter and does not care about lying, treachery, and deception, he exposes himself to Allah’s anger and also to the loss of his wealth and the removal of its blessing. Even if his wealth becomes as vast as that of Qarun, once its blessing is removed, it becomes a source of harm to him. It becomes a burden upon him and provisions for his journey to the Fire. We seek refuge in Allah. Even if he possesses billions, his punishment and torment will only be more severe. Those who possess great stores of wealth and treasure will be punished on the Day of Resurrection through their wealth and treasures. They will be heated and used to punish them again and again. Whenever they cool, they will be reheated, on a Day whose measure is fifty thousand years. Whenever they cool, they will be heated again, and they will be branded with them. Their foreheads, sides, and backs will be branded when they failed to fulfill the rights due on their wealth and did not pay its zakat.

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Footnotes
  • 1 Source: The official website of Shaykh Imam Ibn Baz, may Allah have mercy on him.

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