Debts and Loans
economyRelated Hadiths
The Prophet (ﷺ) said, "Procrastination (delay) in paying debts by a wealthy man is injustice. So, if your debt is transferred from your debtor to a rich debtor, you should agree."
A man came to the Prophet (ﷺ) and demanded his debts and used harsh words. The companions of the Prophet wanted to harm him, but the Prophet (ﷺ) said, "Leave him, as the creditor (owner of the right)...
Allah's Messenger (ﷺ) said, "If a man finds his very things with a bankrupt, he has more right to take them back than anyone else."
My father died and was in debt. I suggested that his creditors take the fruits (i.e. dates) of my garden in lieu of the debt of my father, but they refused the offer, as they thought that it would no...
That Ka`b bin Malik told him that in the lifetime of Allah's Messenger (ﷺ) he demanded his debt from Ibn Abu Hadrad in the Mosque. Their voices grew louder till Allah's Messenger (ﷺ) heard them while...
My father was martyred on the day (of the Ghazwa) of Uhud and left six daughters and some debts to be paid. When the time of plucking the date-fruits came, I went to Allah's Messenger (ﷺ) and said, "...
'The Messenger of Allah paid off what he owed me, and gave me more."
"If a person becomes bankrupt, then a man finds the goods that he sold to him with him, he has more right to them than anyone else."
"The Messenger of Allah said: 'if one who can afford it delay repayment, his honor and punishment become permissible."'
"The Messenger of Allah said: 'Allah, the Mighty and Sublime, admitted to paradise a man who was easygoing in buying and selling, in paying off debts and asking for repayment."' (Sahaih)