-
O those people/you, who
proclaim to have
accepted-become believers, listen;
-
Whenever
you people have mutually decided a fiscal deal of promissory nature:
lending whose maturity
term is specified by deadline-specific date for payment,
thereat you are directed to
document it in writing.
-
A scribe should write down the agreement struck between
you people, impartially in just manner.
-
Take note, a scribe should not refuse documenting-writing
down since Allah the Exalted has imparted him the knowledge to
write.
-
Therefore, he should write down and the party under liability should
dictate, remaining mindful and fearful of Allah the Exalted, his
Sustainer Lord. And he should not undervalue anything relating to
the
liability/obligation.
-
For reason of the indebted person being immature or weak, or
if he does
not consider himself capable to dictate it, thereby, the guardian of his interests should
dictate it; details of deal with equity.
-
Moreover, you must seek two men of good repute
amongst you as observers-non participating witness to the contract.
-
However, in case of non-availability of two men, the recourse is
to seek
one man and two women of vicinity selected by mutual consent
to observe the deal.
[two women; it is embarrassing for a woman to
join unknown 4 men in a commercial shop; she might remain absent
minded].
-
The cause of inviting two women to observe the transaction:
supposedly one of the two ladies might become lost-absorbed in
herself-unmindful
other woman might make her mindful.
-
And
the observers should not refuse to observe
the contract when they are called upon for it.
-
And you should
not neglect to reduce it: lending-loaning deal to writing-documenting;
notwithstanding whether it be small or big in worth, validating till its termination date.
-
Allah the Exalted considers it-documentation as an act more just for you
people and is primary evidence. And it reduces the chances that you
might suffer
confusion and double mindedness.
-
However,
if it were an on-spot transaction by hand-to-hand, a
routine daily business of rotation of things by selling and buying,
thereat, no blame is upon you
people in not reducing it to writing.
-
And you are directed to make it a witnessed
activity when you have mutually struck a promissory commercial
transaction: credit sale.
-
Take note that neither the scribe nor the witnesses
should be harassed.
-
In case
you do so, thereat you will indeed be guilty of excess.
-
Moreover, you people consciously remain mindful
and avoid unrestrained
conduct in reverence and fear of Allah the Exalted.
-
And recognize the fact that Allah the Exalted is
teaching you [the right way to conduct business].
-
And Allah the Exalted has the absolute knowledge of each and
everything
[visible and infolded][2:282]
