Ibn Umar said: “Rasoolullahﷺ lived in Madina for ten years and every year he slaughtered an animal.” (Ahmad-Saheeh by al-Albaani)
Rasoolullahﷺ said: The son of Adam does not do any action on the day of sacrifice which is more pleasing to Allah than the sacrifice of animals.(Tirmizi and Sunan ibn Majah)
The time for offering a sacrifice begins after the `Eid Al-Adha prayer. According to a Hadith, Rasoolullahﷺ is reported to have said, “Whosoever offered a sacrifice before the `Eid prayer, he or she just slaughtered an animal for meat, but whosoever made sacrifice after the `Eid Al-Adha prayer, he or she has offered a sacrifice.” (Al-Bukhari, Sahih, Hadith no. 902)
Abu Hurayrah (RA) reported that Rasoolullahﷺ said, “Whoever can afford to offer a sacrifice but does not do so, let him not approach our place for prayer.[fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][EIDGAH] (Reported by Ahmad and Ibn Maajah; classed as saheeh by al-Haakim).
The Udhiya is Wajib on anyone who has the Nisab of Zakat (87 grams of gold or equivalent in cash). The reward of the sacrifice is for the whole dependent family of the one who is making the sacrifice. But if there are more than one person who has the Nisab of Zakat then he or she must make their own sacrifice.
Rasoolullahﷺ said: whoever sees the crescent of Dhul-Hijjah and wants to slaughter a sacrifice, he should not take from his hair and nor his nails [Tirmizi 1523]
Sayyiduna Zayd ibn Arqam (may Allah be pleased with him) relates that the Companions asked, “O Messenger of Allah! What is Udhiya?” He replied, “It is the Sunna of your father Ibrahim (peace be upon him).” They asked again, “What benefit do we get from it?” He answered, “A reward for every hair (of the sacrificed animal).” “And [what reward is there for animals with] wool, O Messenger of Allah?” they asked. “A reward”, he said, “for every fiber of the wool.” (Sunan Ibn Majah)
When a person slaughters an Udhiya animal, he is forgiven at the fall of the first drop of blood, and verily, the animal shall be brought forward on the Day Of Judgment with its blood, meat etc., and shall be increased in weight seventy times more than its own weight, and thereafter it will be placed on the scale of deeds. (See: Kanz al-Ummal)[/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]