Loans that Lead to Jannah

The efforts of encouraging people to maximise their worship usually focus on the obvious avenues and rightly so – of prayer, fasting, Qur’an, Dawah and their like.

There are, however other doors that remain unopened, and quite often, this is simply due to our unawareness of them. One such avenue is the offering of interest-free loans.

Abu Darda said,

“For me to give two Dinars as a loan which is then returned to me which I then give out as a loan again is dearer to me than giving them out as charity.”

Perhaps you wonder, “What if the borrower is unable to repay me immediately?” Well, this is when good deeds start multiplying, for the Prophet said,

“Whoever gives time to a borrower who is struggling to pay back the sum before the loan is due will be given the reward of its equivalent in charity on every day that passes. However, whoever gives time after it is due will be given double its reward in charity on every day that passes.”

Now picture that.

If ‘Khalid’ was, for example, to lend ‘Karim’ a sum of £2000 on the 1st of January and they agree that the payback date will be in six month’s time, on the 1st of July, Khalid would have qualified himself for the reward of giving £2000 in charity on a daily basis for six months; around £360,000!

If however Karim finds himself unable to repay Khalid on the due date, and Khalid gives him another six months, Khalid would have qualified himself for the reward of giving £4000 in charity on a daily basis for those next six months; that’s around an additional £720,000!

The average person amongst us will probably not earn that type of money in a lifetime, let alone being able to give such an amount in charity. This is why Islamic loans are such a blessed act of worship.