4.33. DEBTS AND DUES

After name or title of the Prophet say:
 “Sal-lal- lahu ‘Alaihi wa Sal-lam”;
(peace and blessings be upon him)

After the name or the title of every
prophet (nabi) and apostle (rasul) say:
“ ‘Alai hissalaam” (peace be upon him or them)

 After the name of their family member,
as well as a companion, say:
“Radi Allahu ‘Anhu—or ‘Anha—or ‘Anhum ”
(may God be pleased with him--or her--or them)

And for others, say: “Rahmat-Allah-e-‘Alaih”
(God’s mercy be upon him)

God says

If, however, [the debtor] is in difficult financial position grant him delay until the time of ease for him; and it will be for your own good -- if you but knew it -- to remit [the debt entirely] by way of charity. -- Q.2:280

O you who believe! Whenever you give or take credit for a stated term, set it down in writing… Q.2:282

Prophet said

 “Whoever takes a loan with the intention of not paying it is a thief” – H: Ibn Majah. N: Abu Bakrah.

“Every sin of martyr will be forgiven except debt.” -- H:Muslim. N:Abdullah-b-Amr.

“Delay by a rich man in paying debts and prices, is oppression.” -- H: Bukhari and Muslim. N: Abu Hurairah.

“The soul of a believer remains suspended with his debt, till it is paid” -- H: Shafeyi, Ahmed, Tirmizi and Ibn Majah. N: Anas.

“If any (believing) man gives respite to a distressed debtor or grants him remission, God will give him protection under His shade (on the Resurrection Day of intense heat with no other shade than His)” -- H: Muslim. N: Abu Yaser.