O you who have believed, when you contract a debt for a specified term, write it down. And let a scribe write [it] between you in justice. Let no scribe refuse to write as Allah has taught him. So let him write and let the one who has the obligation dictate. And let him fear Allah, his Lord, and not leave anything out of it. But if the one who has the obligation is of limited understanding or weak or unable to dictate himself, then let his guardian dictate in justice. And bring to witness two witnesses from among your men. And if there are not two men [available], then a man and two women from those whom you accept as witnesses - so that if one of the women errs, then the other can remind her. And let not the witnesses refuse when they are called upon. And do not be [too] weary to write it, whether it is small or large, for its [specified] term. That is more just in the sight of Allah and stronger as evidence and more likely to prevent doubt between you, except when it is an immediate transaction which you conduct among yourselves. For [then] there is no blame upon you if you do not write it. And take witnesses when you conclude a contract. Let no scribe be harmed or any witness. For if you do so, indeed, it is [grave] disobedience in you. And fear Allah. And Allah teaches you. And Allah is Knowing of all things. — Surah Al-Baqarah 282

۞ Verse of the Quran ۞

Surah Al-Baqarah · 282

يٰأَيُّهَا الَّذينَ ءامَنوا إِذا تَدايَنتُم بِدَينٍ إِلىٰ أَجَلٍ مُسَمًّى فَاكتُبوهُ ۚ وَليَكتُب بَينَكُم كاتِبٌ بِالعَدلِ ۚ وَلا يَأبَ كاتِبٌ أَن يَكتُبَ كَما عَلَّمَهُ اللَّهُ ۚ فَليَكتُب وَليُملِلِ الَّذى عَلَيهِ الحَقُّ وَليَتَّقِ اللَّهَ رَبَّهُ وَلا يَبخَس مِنهُ شَيـًٔا ۚ فَإِن كانَ الَّذى عَلَيهِ الحَقُّ سَفيهًا أَو ضَعيفًا أَو لا يَستَطيعُ أَن يُمِلَّ هُوَ فَليُملِل وَلِيُّهُ بِالعَدلِ ۚ وَاستَشهِدوا شَهيدَينِ مِن رِجالِكُم ۖ فَإِن لَم يَكونا رَجُلَينِ فَرَجُلٌ وَامرَأَتانِ مِمَّن تَرضَونَ مِنَ الشُّهَداءِ أَن تَضِلَّ إِحدىٰهُما فَتُذَكِّرَ إِحدىٰهُمَا الأُخرىٰ ۚ وَلا يَأبَ الشُّهَداءُ إِذا ما دُعوا ۚ وَلا تَسـَٔموا أَن تَكتُبوهُ صَغيرًا أَو كَبيرًا إِلىٰ أَجَلِهِ ۚ ذٰلِكُم أَقسَطُ عِندَ اللَّهِ وَأَقوَمُ لِلشَّهٰدَةِ وَأَدنىٰ أَلّا تَرتابوا ۖ إِلّا أَن تَكونَ تِجٰرَةً حاضِرَةً تُديرونَها بَينَكُم فَلَيسَ عَلَيكُم جُناحٌ أَلّا تَكتُبوها ۗ وَأَشهِدوا إِذا تَبايَعتُم ۚ وَلا يُضارَّ كاتِبٌ وَلا شَهيدٌ ۚ وَإِن تَفعَلوا فَإِنَّهُ فُسوقٌ بِكُم ۗ وَاتَّقُوا اللَّهَ ۖ وَيُعَلِّمُكُمُ اللَّهُ ۗ وَاللَّهُ بِكُلِّ شَيءٍ عَليمٌ

O you who have believed, when you contract a debt for a specified term, write it down. And let a scribe write [it] between you in justice. Let no scribe refuse to write as Allah has taught him. So let him write and let the one who has the obligation dictate. And let him fear Allah, his Lord, and not leave anything out of it. But if the one who has the obligation is of limited understanding or weak or unable to dictate himself, then let his guardian dictate in justice. And bring to witness two witnesses from among your men. And if there are not two men [available], then a man and two women from those whom you accept as witnesses - so that if one of the women errs, then the other can remind her. And let not the witnesses refuse when they are called upon. And do not be [too] weary to write it, whether it is small or large, for its [specified] term. That is more just in the sight of Allah and stronger as evidence and more likely to prevent doubt between you, except when it is an immediate transaction which you conduct among yourselves. For [then] there is no blame upon you if you do not write it. And take witnesses when you conclude a contract. Let no scribe be harmed or any witness. For if you do so, indeed, it is [grave] disobedience in you. And fear Allah. And Allah teaches you. And Allah is Knowing of all things.

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Those who consume interest cannot stand [on the Day of Resurrection] except as one stands who is being beaten by Satan into insanity. That is because they say, "Trade is [just] like interest." But Allah has permitted trade and has forbidden interest. So whoever has received an admonition from his Lord and desists may have what is past, and his affair rests with Allah. But whoever returns to [dealing in interest or usury] - those are the companions of the Fire; they will abide eternally therein.