Question
I gave someone a loan of R33,000 in 1998. To date the debt has not been paid. If the debtor decides to pay me today, how much should he pay?
Answer
In 1998 the value of gold was R1,878 per ounce. The current value is R27,627. Due to the massive discrepancy, the Rand of 1998 is in reality extinct. The current 'rand' is not even a shadow of the 1998 Rand's value. The debtor has to pay approximately R490,000.
SICKNESS
Sickness is a reminder of Maut and a purifier of our sins. Rasulullah (Sallallahu alayhi wasallam) said that the one who does not become sick "is not of us". During sickness increase Istighfaar, Tasbeeh and Dua. Only the decrees of Allah Ta'ala prevail.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 26 No 02
- PDF page
- 11
Verbatim verified against the source PDF
Appears under VALIDITY OF. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.