Being in debt can be a suffocating and depressive phase. While being in debt truly limits one's spirit, making one feel helpless, it can also be encouraging that one try their hardest to settle any debt that they are liable for. Settling one's debt is a relieving experience and it is encouraged in Islam that one should pay their debt as soon as they can. It is important to fulfill these obligations as, in a lot of ways, they are responsible for maintaining social relationships.
Narrated by Abu Hurairah and reported in Sahih al-Bukhari 2400, Prophet Muhammad (ï·º) said that delay or procrastination in repaying debts by a wealthy person is injustice. This emphasizes that one must pay off their debt when they are in the capacity to. when the debt is settled, a big burden or responsibility is fulfilled.
Good Etiquette Duas
Baarakallaahu laka fee 'ahlika wa maalika, 'innamaa jazaa'us-salafil-hamdu wal'adaa'.
May Allah bless you in your family and your wealth, surely the reward for a loan is praise and returning (what was borrowed).
When making dua for the debtor when his debt is settled, one should make dua for genuine regard and happiness of the debtor and pray for the abundance of wealth and blessings so that they don’t have to go through any difficult circumstances involving financial obligation. Invoke Allah’s سُبْحَانَهُ وَتَعَالَى blessings with sincerity and intend for the good of the one who has accomplished paying off their debt.
Making dua for the debtor when his debt is settled benefits the debtor in ways one can not entirely comprehend. Since being able to fulfill the obligation can be a relieving feeling, this liberation should not be exploited but serve as a reminder that one has to be grateful for what they have and strive to do better. It instills in individuals a heightened sense of responsibility and improved morality, as the person in debt is obligated to repay it unless the lender, in their kindness, chooses to forgive it.