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Loans, Payment of Loans, Freezing of Property, Bankruptcy

Volume: 003 / Book Number: 041 / Hadith Number: 582

Narrated 'Aisha:

Allah's Apostle used to invoke Allah in the prayer saying, "O Allah, I seek refuge with you from all sins, and from being in debt." Someone said, O Allah's Apostle! (I see you) very often you seek refuge with Allah from being in debt. He replied, "If a person is in debt, he tells lies when he speaks, and breaks his promises when he promises."


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