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The “good loan”

Posted on 09 October 2009

From Aawsat.com: The “good loan” [al-Qard al-Hassan] is one of the gateways to social responsibility that Islam legislated, encourages and rewards. The “good loan” is mentioned in the Holy Quran on numerous occasions; “Who is it that will offer of Allah a good loan, so He will multiply it to him manifold, and Allah straitens and amplifies, and you shall be returned to Him” [Surat al Baqara, Verse 245].

“Allah did aforetime take a covenant from the Children of Israel, and we appointed twelve captains among them. And Allah said: I am with you: if ye (but) establish regular prayers, practice regular charity, believe in my messengers, honor and assist them, and loan to Allah a good loan, verily I will wipe out from you your evils, and admit you to gardens with rivers flowing beneath; but if any of you, after this, resisteth faith, he hath truly wandered from the path or rectitude” [Surat al Maeda, Verse12]………………..Full Article: Source

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