The Laws of Islam regulates people’s dealings and interactions when conducting sales and business transactions. It has laid down rules and principles clarifying the essential matters to avoid disputes among people, and help them conduct lawful and smooth business transactions that are free of disputes and Laws of Islam violations. This hadeeth regulates sales transactions, as the Prophet ﷺ commands Muslims not to resell any purchased commodity except after obtaining its ownership and possession and there are no co-owners involved. The Prophet ﷺ explained that whoever buys edible commodities must not resell them before taking them into his possession. Another wording of the hadeeth reads: “until he takes possession of it,” meaning that he may not dispose of it by selling it again except after taking it into his possession, and only then may he resell it. The hadeeth urges Muslims to conclude sales transactions and take the purchased commodity into their possession, and then they may dispose of it as they wish. It is also deduced from the hadeeth that a ruler should guide people (to what is lawful and unlawful) with regard to their business and sales transactions. .