Goodly Loan

Giving Allah a Goodly Loan

Lending is one of the highly recommended acts. Emphatic exhortations are related in the Noble Qur’an and the Prophet’s Sunnah. Islam encourages those who have enough wealth to give loans to those who request it. However, it is important that the lender should not seek any interest or material benefit from giving a loan. He must seek the ethical value when advancing money as a loan and not expect anything material in return. By this way the lender is enhancing his personal quality of generosity and trying to remove any traits of stinginess from his soul. The motive is to help a person in need and seek only the reward and pleasure of Allah (subhanhu wa ta’ala). Allah says,

Ayah 245

“Who is it that would loan Allah a goodly loan so He may multiply it for him many times over? And it is Allah who withholds and grants abundance, and to Him you will be returned.” [al-Baqarah 2: 245]

The word qard [loan] is from the root qaf-ra-daad which means to cut or sever something. When you give a loan to someone, you cut out some of your belonging or savings to give it to the other person.

Lending is a beautiful form of worship when there is a good intention and it is done for the sake of Allah. The return on investment of lending is unbelievable. Prophet (pbuh) said, “The reward for lending is repayment and words of paradise.” (Sunan Ibn Majah 15:2424)

Giving loans may increase rewards in multiple stages. Prophet (pbuh) said: “There is no Muslim who lends something to another Muslim twice, but it will be like giving charity once.” (Sunan Ibn Majah: 2430)

Please contact Br. Anwar Zuraigat if you able to give a goodly loan to the school for our expansion project at: anwarz@crescentview.org or (303)745-2245 ext. 104

Promissory Note Contact: Sample Promissory Note