Jami' al-Saghir / Jam' al-Jawami' (al-Suyuti) 2-1260b

Translation

Machine translation, not reviewed

"From Aslam who said: 'Abd Allah and 'Ubayd Allah, the two sons of 'Umar ibn al-Khattab, set out with an army to Iraq. When they returned, they passed by Abu Musa al-Ash'ari, who was the governor of Basra. He welcomed them warmly and facilitated matters for them, and said: 'If I could grant you both something more beneficial, I would do it. Yes, here is some money from Allah's wealth that I want to send to the Commander of the Believers (so that I lend it to you, and you buy goods from the goods of Iraq, then sell them in Madinah and pay the capital to the Commander of the Believers), and the profit will be yours.' They said: 'We would like that.' So he did it, and wrote to 'Umar that he should take the money from them. When they benefited from it for a year and made a profit, and handed that over to 'Umar, he said: 'Did the whole army receive a loan as you did?' They said: 'No.' 'Umar said: 'You are the sons of the Commander of the Believers, so he lent to you. Pay back the money and its profit.' As for 'Abd Allah, he submitted, but 'Ubayd Allah said: 'It is not appropriate, O Commander of the Believers. If the money were lost or decreased, we would have guaranteed it.' He said: 'Pay it back.' 'Abd Allah fell silent, and 'Ubayd Allah argued with him. A man among 'Umar ibn al-Khattab's companions said: 'O Commander of the Believers, what if you made it a qirad (partnership)?' He said: 'I have made it a qirad.' So 'Umar took the money and half its profit, and 'Abd Allah and 'Ubayd Allah took half the profit.'"

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