Abu Huraira reported God’s messenger as saying,
“The generous man is near God, near paradise, near men and far from hell, but the miserly man is far from God, far from paradise, far from men and near hell.
Indeed, an ignorant man who is generous is dearer to God than a worshipper who is miserly."
The Messenger of Allah (ﷺ) said, "He who likes Allah to deliver him from the calamities of the Day of Resurrection, let him either give respite to a debtor or grant him remission (of loans) in straitened circumstances."
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