Sayyiduna Abu Qatadah (may Allah be pleased with him) said: I heard the Messenger of Allah (peace and blessings be upon him) say: “Whoever grants respite to his debtor or forgives his debt, he will be under the shade of the Throne on the Day of Resurrection.”
Hadith Referenceسنن دارمي / من كتاب البيوع / 2625
Hadith Gradingتحقیق (حسین سلیم أسد الدارانی):إسناده صحيح وأبو جعفر هو: عمير بن يزيد بن عمير، [مكتبه الشامله نمبر: 2631]
Hadith Takhrijاس روایت کی سند صحیح ہے۔ دیکھئے: [مسند أحمد 300/5] و [ابن أبى شيبه 2216، 3059]
Brief Explanation
(Commentary on Hadith 2624)
From this hadith as well, the virtue of showing gentleness towards the debtor and forgiving the debt is established.