Wednesday, September 26, 2012

Delaying the payment of debt is a grave Sin!

It is a grave sin to delay the payment of the debt when the time of its payment arrives. 

Sayyiduna Abu Hurayra (Allah be pleased with him) narrates that the Messenger of Allah (Allah bless him & give him peace) said: "Delay in repaying debts by a wealthy person is oppression." (Sahih al-Bukhari, no. 2270)

The Messenger of Allah (Allah bless him & give him peace) in another Hadith also condemns the person who delays the payment of his loan without a valid
excuse. He said: "The delay of a well-off person (in paying off his debt) subjects him to punishment and disgrace." (Sahih al-Bukhari, no. 2271)

If you are unfortunate enough to have a debt on you, do repay it as soon as you are able. It is often a cause of bitterness among family or friends when a loan is taken from a relative or friend and the creditor sees the debtor spending money on unessential items but not repaying him/her
According to this hadith, you are listed among cruel people if you have the money to repay your creditor but choose to delay repayment. 

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