If someone borrowed money from you and did not pay back within the agreed period of time, you should not get disappointed. You will get a daily Sawab of donating that amount of money as charity (Sadaqah) in sha Allah.
Once, someone said to AlaHazrat (Alayhir Rahmah), "I have given some debt to a person but he does not return." AlaHazrat (Alayhir Rahmah) said, "In the present era, it is unlikely to recover debt from someone; people owe me 1,400 rupees! While giving them debt, I made up my mind that if they paid back, it would be all right, otherwise, I would not ask them to return. To date, none of them returned even a single penny. I do not forgive such debt. Its reason is that a hadith states:
'If a person lent money to someone and the agreed date of return passes, he gets a daily Sawab (reward) of donating the amount of debt as charity.' [Majma’ az-Zawaid, Vol. 4, Page 242, Hadith 6676]
This is why I gave the money as a debt instead of a gift! Otherwise, how would I be able to donate 1,400 rupees daily?” [Al-Malfuz, Vol. 1, Page 40]
Once, someone said to AlaHazrat (Alayhir Rahmah), "I have given some debt to a person but he does not return." AlaHazrat (Alayhir Rahmah) said, "In the present era, it is unlikely to recover debt from someone; people owe me 1,400 rupees! While giving them debt, I made up my mind that if they paid back, it would be all right, otherwise, I would not ask them to return. To date, none of them returned even a single penny. I do not forgive such debt. Its reason is that a hadith states:
'If a person lent money to someone and the agreed date of return passes, he gets a daily Sawab (reward) of donating the amount of debt as charity.' [Majma’ az-Zawaid, Vol. 4, Page 242, Hadith 6676]
This is why I gave the money as a debt instead of a gift! Otherwise, how would I be able to donate 1,400 rupees daily?” [Al-Malfuz, Vol. 1, Page 40]
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