Making an effort to repay the loan

· 28 Rabiʻ II 1445 AH1 min readEnglish
Business and DealingsLoans & DebtsUnsettled debts

Question

I have taken some money from a friend from Australia. While taking the money, I planned to work abroad so that I can earn big amounts and pay back the money. I want to ask that now I am not in a condition to return the money. Is that a sin for me? What should I do? The person hasn't asked me for the money, and knows that I am not in a financial condition to return the money.

Answer

Inform the person who you took the loan from that at present you do not have the money to repay the loan. However, you are making an effort to acquire the money to repay the loan.

And Allah Ta'ala (الله تعالى) knows best.

Answered by
Mufti Zakaria Makada
Checked & approved by
Mufti Ebrahim Salejee (Isipingo Beach)
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