Lender

Lender Completed Form

The word Lender is a stemmed form of the following words:

Lender Dictionary Definition

Please Note, links to other source may not be legitimate or accurate.

from dictionary.com

http://www.dictionary.com/browse/Lender

from collinsdictionary.com

https://www.collinsdictionary.com/dictionary/english/Lender

Lender in Wikipedia

https://en.wikipedia.org/wiki/Lender

Lender References or Citations

In Quran

nothing found

In Hadith Text Books

Lender In Sahih AlBukhari

Hadith Page	Arabic Text	English Translation	Book and Chapter
SahihAlBukhari-017-001-4992		Narrated Abu Huraira: The Prophet ﷺ said; An Israeli man asked another Israeli to lend him one thousand Dinars. The second man required witnesses. The former replied; Allah is sufficient as a witness. The second said; I want a surety. The former replied; Allah is sufficient as a surety. The second said; You are right; and lent him the money for a certain period. The debtor went across the sea. When he finished his job; he searched for a conveyance so that he might reach in time for the repayment of the debt; but he could not find any. So; he took a piece of wood and made a hole in it; inserted in it one thousand Dinars and a letter to the lender and then closed i.e. sealed the hole tightly. He took the piece of wood to the sea and said. O Allah! You know well that I took a loan of one thousand Dinars from so-and-so. He demanded a surety from me but I told him that Allah Guarantee was sufficient and he accepted Your guarantee. He then asked for a witness and I told him that Allah was sufficient as a Witness; and he accepted You as a Witness. No doubt; I tried hard to find a conveyance so that I could pay his money but could not find; so I hand over this money to You. Saying that; he threw the piece of wood into the sea till it went out far into it; and then he went away. Meanwhile he started searching for a conveyance in order to reach the creditor country. One day the lender came out of his house to see whether a ship had arrived bringing his money; and all of a sudden he saw the piece of wood in which his money had been deposited. He took it home to use for fire. When he sawed it; he found his money and the letter inside it. Shortly after that; the debtor came bringing one thousand Dinars to him and said; By Allah; I had been trying hard to get a boat so that I could bring you your money; but failed to get one before the one I have come by. The lender asked; Have you sent something to me? The debtor replied; I have told you I could not get a boat other than the one I have come by. The lender said; Allah has delivered on your behalf the money you sent in the piece of wood. So; you may keep your one thousand Dinars and depart guided on the right path.	The Chapter on Financial Transactions And Loans in HodHood Indexing, Chapter on AlKafala in Sahih AlBukhari

In Sahih Muslim

nothing found

In Sunan AlTermithi

nothing found

In Sunan AlNasai

nothing found

In Sunan Abu Dawoud

nothing found

In Muwata Malik

Hadith Page	Arabic Text	English Translation	Book and Chapter
MuwataMalik-017-001-35566		Yahya related to me from Malik from Yazid Ibn Khusayfa that he had asked Sulayman Ibn Yasar whether zakat was due from a man who had wealth in hand but also owed a debt for the same amount; and he replied; No. Malik said; The position that we are agreed upon concerning a debt is that the lender of it does not pay zakat on it until he gets it back. Even if it stays with the borrower for a number of years before the lender collects it; the lender only has to pay zakat on it once. If he collects an amount of the debt which is not zakatable; and has other wealth which is zakatable; then what he has collected of the debt is added to the rest of his wealth and he pays zakat on the total sum. Malik continued; If he has no ready money other than that which he has collected from his debt; and that does not reach a zakatable amount; then he does not have to pay any zakat. He must; however; keep a record of the amount that he has collected and if; later; he collects another amount which; when added to what he has already collected; brings zakat into effect; then he has to pay zakat on it. Malik continued; Zakat is due on this first amount; together with what he has further collected of the debt owed to him; regardless of whether or not he has used up what he first collected. If what he takes back reaches twenty dinars of gold; or two hundred dirhams of silver he pays zakat on it. He pays zakat on anything else he takes back afte rthat; whether it be a large or small amount; according to the amount. Malik said; What shows that zakat is only taken once from a debt which is out of hand for some years before it is recovered is that if goods remain with a man for trading purposes for some years before he sells them; he only has to pay zakat on their prices once. This is because the one who is owed the debt; or owns the goods; should not have to take the zakat on the debt; or the goods; from anything else; since the zakat on anything is only taken from the thing itself; and not from anything else. Malik said; Our position regarding some onewho owes a debt; and has goods which are worth enough to pay off the debt; and also has an amount of ready money which is zakatable; is that he pays the zakat on the ready money which he has to hand. If; however; he only has enough goods and ready money to pay off the debt; then he does not have to pay any zakat. But if the ready money that he has reaches a zakatable amount over and above the amount of the debt that he owes; then he must pay zakat on it.	The Chapter on Debt And Creditors And Paying Zakat in HodHood Indexing, The Book of Itikaf in Ramadan in Muwata Malik