Giving loan is one of the very much recommended acts, which has been greatly recommended in the Holy Qur’an and in the traditions and narrations of the Ma’sumeen (the fourteen Infallibles).
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Recommendation of Lending- Giving loan is one of the very much recommended acts, which has been greatly recommended in the Holy Qur’an and in the traditions and narrations of the Ma’sumeen (the fourteen Infallibles).
The Holy Prophet (PBUH) has been reported to have said that whoever gives loan to his Muslim brother, his wealth flourishes, and the angels invoke Divine mercy for him, and if he is lenient with his debtor, he will pass over the Bridge (Sirat) swiftly.
And if a Muslim denies his brethren-in-faith a loan, Paradise becomes forbidden for him. There is also a narration which says, “The Thawab (reward) for Sadaqa is ten times as much as the Sadaqa itself, and the Thawab for loan is eighteen times as much as the loan.”