In this hadith from Sahih Bukhari, the Prophet ﷺ teaches the companion Mu'adh about the core principle of Islam. He explains that Allah's right upon His slaves is that they worship Him exclusively, without associating any partners with Him. Additionally, the right of His slaves upon Allah is that He shows mercy and refrains from punishing them if they sincerely adhere to worshipping Him alone. This hadith highlights the importance of monotheism and Allah's compassion towards those who remain devoted to Him.