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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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The meaning of his statement (may Allah be pleased with him): "I have never acquired wealth that is dearer to me than this... not to be traded in."

Machine translationRead the Arabic original
The Shaykh : And among those who received a share from the division was 'Umar ibn al-Khattab (may Allah be pleased with him). He said:
I acquired a land in Khaybar; I have never acquired wealth that is dearer to me than it أصبت أرضاً بخيبر لم أصب مالا قط هو أنفس عندي منه
Sunan al-Bayhaqi 9:246
"Dearest" means "most valuable." So he came to consult the Prophet (peace and blessings be upon him) about what to do with it, as was the custom of the Companions in consulting the Prophet (peace and blessings be upon him and his family). He said:
Narrated Isma'il bin Ibrahim from Ibn 'Awn, from Nafi' that Ibn 'Umar said: "Umar got some land from Khaibar and said: 'O Messenger of Allah! I got some wealth from Khaibar and I never ever had any wealth as plentiful as it, so what do you order me (to do with it)?' He said: 'If you wish, make it a grant and give charity from it.' So 'Umar gave it in charity: That is not to be sold entirely, nor given away, nor inherited, to be used to produce charity for the needy, those who are near it, for freeing slaves, for the cause of Allah, the wayfarer, the guest, and that there is no harm on its custodian consuming what is customary from it, or eating from its charity, without trying to amass wealth from it." إن شئت حبست أصلها
Jami` at-Tirmidhi 1375Sahih (Darussalam)
"If you wish, you may endow its principal," meaning you may make it an endowment and prevent its disposal.
And give in charity from it وتصدقت بها
"And give in charity from it," meaning from its produce and its yield. So he did, and 'Umar (may Allah be pleased with him) endowed it for six categories: the poor, the second being the needy, who are the poor, and those of kinship, and for the freeing of slaves, and in the cause of Allah, and for the traveler, and for the guest; six in total. And he said (may Allah be pleased with him):
There is no sin on the one who administers it if he eats from it on a reasonable basis and feeds his friend, with no intention of becoming wealthy from it. لا جناح على من وليها أن يأكل منها بالمعروف وأن يطعم صديقاً غير متمول فيه
Sunan an-Nasa'i 3599Sahih (Darussalam)
"This is a condition from the conditions of the endower." 'Umar (may Allah be pleased with him) did not endow it for his descendants; he endowed it for general causes: for the needy, for the travelers, and for the guest.
Source alathar.net

The Arabic text is copied verbatim from the original source, without any edits.

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