Correct concept of Bankruptcy: It was reported in a hadith that the Prophet (saaw) one day asked his Sahabah, "Do you know who is bankrupt?" They answered, "The bankrupt from among us is the one who does not have money or belongings." In response, the Prophet (saaw) replied, "The bankrupt from my Ummah is the one who comes on the Day of Judgment with Salat, Zakat, and fasting, yet he is coming while he used to abuse this person or beat that person or take the money of the others. Thes epeople will start taking from his hasanat (good deeds). And if his hasanat are extinguished before he can fulfill his dues towards them (those he abused), then some of their sayyi’at (bad deeds) would be taken from them and given to him. Then he will be thrown into the Hell-Fire."
Posted on: Fri, 02 Aug 2013 18:44:57 +0000
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