Salaam, I have a question regarding giving a loan or lending money to friends, relatives etc. I have heard that when we give money to anyone as a loan, it should be accompanied by a contract/agreement which details the amount given and the date by which the money must be returned to the lender. Now, when lending money to relatives or friends and also giving them a contract as an agreement may not go down too well - but is this the way that Islam prescribes to go about this process? Or should it be a more informal arrangement? If anyone has any hadith from the Holy Prophet saww or the Imams a.