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In Islamic teaching, according to the Qur ' an, an insolvent person was deemed to be allowed time to be able to pay out his debt.
This is recorded in the Qur ' an's second chapter ( Sura Al-Baqara ), Verse 280, which notes: " And if someone is in hardship, then let there be postponement until a time of ease.
But if you give from your right as charity, then it is better for you, if you only knew.

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