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Sahih al-Bukhari 2734 (Book 54, Hadith 21) #2613
Lending Money

SUMMARY: A person asked an Israeli man to lend him one-thousand Dinars, and the Israeli lent him the sum for a certain fixed period.

Narrated Abu Huraira: Allah's Messenger mentioned a person who asked an Israeli man to lend him one-thousand Dinars, and the Israeli lent him the sum for a certain fixed period.
وَقَالَ اللَّيْثُ حَدَّثَنِي جَعْفَرُ بْنُ رَبِيعَةَ، عَنْ عَبْدِ الرَّحْمَنِ بْنِ هُرْمُزَ، عَنْ أَبِي هُرَيْرَةَ، رضى الله عنه عَنْ رَسُولِ اللَّهِ أَنَّهُ ذَكَرَ رَجُلاً سَأَلَ بَعْضَ بَنِي إِسْرَائِيلَ أَنْ يُسْلِفَهُ أَلْفَ دِينَارِ، فَدَفَعَهَا إِلَيْهِ إِلَى أَجَلٍ مُسَمًّى‏.‏ وَقَالَ ابْنُ عُمَرَ ـ رضى الله عنهما ـ وَعَطَاءٌ إِذَا أَجَّلَهُ فِي الْقَرْضِ جَازَ‏.‏

TOPICS
loan  *  money  *  period

QUICK LESSONS:
Be generous with your money; Help those in need; Be clear about terms of payment; Do not take advantage of people who are in need

EXPLANATIONS:
This hadith is about lending money. It tells us that a person asked an Israeli man to lend him one-thousand Dinars, and the Israeli lent him the sum for a certain fixed period. This hadith teaches us that it is important to be generous with our money and help those in need by lending them money if we can afford it. We should also make sure that we are clear about how long they have to pay back the loan so there are no misunderstandings between both parties. Furthermore, this hadith also teaches us not to take advantage of people who are in need of help by charging them too much interest or taking too long for them to pay back their loan.

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