Quran: Chapter 3 Sipara ‘Tilkar Rosolu’, Sura: 2 ‘Al Baqarah’ ‘The Cow’, Verse: 282:
Verse 282: O you who believe! When you contract a debt for a fixed period, write it down. Let a scribe write it down in justice between you. Let not the scribe refuse to write as Allah has taught him, so let him write. Let him (the debtor) who incurs the liability dictate, and he must fear Allah, his Lord, and diminish not anything of what he owes. But if the debtor is of poor understanding, or weak, or is unable to dictate for himself, then let his guardian dictate in justice. And get two witnesses out of your own men. And if there are not two men (available), then a man and two women, such as you agree for witnesses, so that if one of them (two women) errs, the other can remind her. And the witnesses should not refuse when they are called (for evidence). You should not become weary to write it (your contract), whether it be small or big, for its fixed term, that is more just with Allah; more solid as evidence, and more convenient to prevent doubts among yourselves, save (except) when it is a present trade which you carry out on the spot among yourselves, then there is no sin on you if you do not write it down. But take witnesses whenever you make a commercial contract. Let neither scribe nor witness suffer any harm, but if you do (such harm), it would be wickedness in you. So be afraid of Allah; and Allah teaches you. And Allah is the All-Knower of each and everything.
Difficult words: Debt: loan, money owing, arrears, sums unpaid. Scribe: the one who write. Incur: acquire, bring upon him-self. Liability: legal responsibility, burden. ‘who incurs the liability’: who takes the loan. Diminish: lessen, make smaller. Owe: has the loan, be obligated.