حَدَّثَنَا يَعْقُوبُ بْنُ إِبْرَاهِيمَ الدَّوْرَقِيُّ، حَدَّثَنَا إِسْمَاعِيلُ بْنُ إِبْرَاهِيمَ، عَنْ عَبْدِ الرَّحْمَنِ بْنِ إِسْحَاقَ، عَنْ عَبْدِ الرَّحْمَنِ بْنِ مُعَاوِيَةَ، عَنْ حَنْظَلَةَ بْنِ قَيْسٍ، عَنْ أَبِي الْيَسَرِ،
صَاحِبِ النَّبِيِّ صلى الله عليه وسلم قَالَ قَالَ رَسُولُ اللَّهِ صلى الله عليه وسلم “ مَنْ أَحَبَّ أَنْ يُظِلَّهُ اللَّهُ فِي ظِلِّهِ – فَلْيُنْظِرْ مُعْسِرًا أَوْ لِيَضَعْ لَهُ ” .
It was narrated from Abu Yasar, the Companion of the Prophet ﷺ that: the Messenger of Allah ﷺ said: “Whoever would like Allah to shade him with His shade, let him give respite to one in difficulty, or waive repayment of the loan.” Sunan Ibn Majah, Book of Charity, Hadith 2419
Money is a basic necessity, vital to human’s existence. Without money, the living could be difficult. Because money is necessary, it’s a recurrent need which, unfortunately, not everyone will always have it in their possession and thus, situations could warrant taking a loan; which has been made permissible by the Shariah in order to facilitate ease and benefit, which is the aim of the Shariah in the first place- acquisition of benefits and repulsion of harm –جلب المنفعة و دافع المضرة
Granting loan (interest-free) is a recommended act. In fact, when the creditor grants his debtor respite in respect of settling the loan, it’s recorded for him as a charity of every day that passes, a reward equivalent to the loan. After the debtor who had hitherto been granted respite settles the loan, a reward equivalent to giving twice the loan in charity is recorded for him (Imam Ahmad, 22537). To grant a debtor respite while he has difficulty in repaying the debt is good and rewarding but to waive the loan is best for the one who is desirous of Allah’s mercy and His shade on a day when there shall be no shade except Allah’s shade. This is also in consonance with a Quranic verse wherein Allah says: “وَإِن كَانَ ذُو عُسْرَةٍ فَنَظِرَةٌ إِلَىٰ مَيْسَرَةٍ وَأَن تَصَدَّقُوا خَيْرٌ لَّكُمْ إِن كُنتُمْ تَعْلَمُونَ
And if the debtor is in a hard time (has no money), then grant him time till it is easy for him to repay. but if you remit it by way of charity, that is better for you if you did but know” [al-Baqarah 2:280].
Relieve the debtor, waive the loan.