Tag: debt

the Messenger of Allah (ﷺ) said: “If one who can afford it delays repayment, the mention of his delay (in his absence) and punishment( by the law) become permissible.”
عَنْ عَمْرِو بْنِ الشَّرِيدِ، عَنْ أَبِيهِ، قَالَ قَالَ رَسُولُ اللَّهِ صلى الله عليه وسلم ‏ “‏ لَىُّ الْوَاجِدِ يُحِلُّ عِرْضَهُ وَعُقُوبَتَهُ ‏”‏ صحيح ابن ماجة‏.‏ قَالَ عَلِيٌّ الطَّنَافِسِيُّ يَعْنِي عِرْضَهُ شِكَايَتَهُ وَعُقُوبَتَهُ سِجْنَهُ ‏

Countries With the Most Debt

A country’s external debt refers to money owed by a country to foreign countries, institutions or individuals who are outside its borders.A country’s external debt refers to money owed by a country to foreign countries, institutions or individuals who are outside its borders. Such debt can be settled through cash repayment, as well as through imports or other acceptable means. Ordinarily, the loans and the interest are paid in the currency the loan was made. A debt crisis may be experienced if a country having a weak economy is unable to its debt. According to the CIA World Factbook, these are the most indebted countries in the world… graphicmaps.com

‎US National Debt Clock 2022

Image result for usdebtclock.GIFThe U.S. national debt is more than $21 trillion. It exceeded that amount on March 15, 2018. It’s greater than the economic output of the entire country. It occurred despite Congressional attempts to cut government spending. These included threats to not raise the debt ceiling and the U.S. debt crisisin 2011. That’s when the U.S. headed toward a debt default. It continued with the fiscal cliff crisis…MORE: thebalance . MORE: usgovernmentdebt.us/ .more: The debt clock 

:) Repaying a Debt

Aman was selling olives at the market and business was slow. He called to a woman who was passing by and tried to convince her to buy from him.   She shook her head and told him she didn’t have any money…