Hadith #3967

In the name of Allah, the Most Gracious, the Most Merciful. Praise be to Allah, the Lord of all the worlds. May peace and blessings be upon our beloved Prophet Muhammad (ﷺ), his pure progeny, and his noble companions.

The Hadith of Imam Ali (عَلَيْهِ ٱلسَّلَامُ) states,

The worst collar is the collar of debt.

This thought-provoking Hadith of Imam Ali (عَلَيْهِ ٱلسَّلَامُ) highlights the negative consequences and burdens associated with being in debt. To fully understand the depth and significance of this Hadith, let us delve into the meanings of the important words used.

The word (qiladah) "قِلادَةُ" in Arabic refers to a collar or a chain that is worn around the neck. It symbolizes a form of restriction or bondage. In this context, it represents the burden and constraints that come with being in debt. The word (dayn) "دَّينِ" translates to debt, which refers to a financial obligation owed to someone.

To further comprehend the wisdom behind this Hadith, we can turn to the Quran for guidance. Allah (سُبْحَانَهُ وَتَعَالَىٰ) says in Surah Al-Baqarah, verse 280:

And if the debtor is in a difficulty, then grant him time till it is easy for him to repay. But if you remit it by way of charity, that is better for you if you only knew.

This verse emphasizes the importance of compassion and leniency towards those in debt. It encourages giving them time and support to repay their debts, rather than pressuring them and burdening them further. It highlights the negative impact of debt on individuals and the need for empathy in dealing with such situations.

Another verse that sheds light on the consequences of debt is found in Surah Al-Rum, verse 39:

And that which you give in usury in order that it may increase on (other) people's property, has no increase with Allah; but that which you give in charity, seeking Allah's Countenance, then those, they shall have manifold increase.

This verse warns against the practice of usury, which is the charging of interest on loans. It highlights the futility of seeking financial gain through exploitative means. Instead, it encourages acts of charity and seeking the pleasure of Allah (سُبْحَانَهُ وَتَعَالَىٰ), which bring about abundant blessings and rewards.

Now, returning to the Hadith of Imam Ali (عَلَيْهِ ٱلسَّلَامُ), we understand that it serves as a reminder of the burdens and hardships that come with being in debt. Debt can be a form of bondage that restricts a person's freedom and peace of mind. It can lead to stress, anxiety, and even strained relationships.

Imam Ali (عَلَيْهِ ٱلسَّلَامُ), known for his profound knowledge and wisdom, warns us about the dangers of falling into the trap of debt. He urges us to be cautious and responsible in our financial dealings, avoiding unnecessary debts whenever possible. This Hadith serves as a reminder to Muslims to live within their means, to avoid excessive borrowing, and to prioritize financial stability.

Furthermore, this Hadith teaches us the importance of helping those in debt and showing compassion towards them. It encourages us to be understanding and supportive, offering assistance and guidance to those struggling with financial obligations. By doing so, we can alleviate the burdens of debt and promote a society that is caring and empathetic.

In conclusion, the Hadith of Imam Ali (عَلَيْهِ ٱلسَّلَامُ)

The worst collar is the collar of debt

serves as a profound reminder of the negative consequences and burdens associated with being in debt. It highlights the need for financial responsibility, compassion towards those in debt, and the avoidance of exploitative practices such as usury. May Allah (سُبْحَانَهُ وَتَعَالَىٰ) grant us the wisdom to manage our finances wisely and to support those in need.