Repaying a loan with livestock

The questioner:
He says: Honorable Shaykh, may Allah grant you success, what is your view on this type of sale? I lent my colleague two hundred riyals last month, and the repayment is due this month.

The Shaykh:
Or you lent him.

The questioner:
My colleague two hundred riyals last month, and the repayment is due this month. My colleague owns livestock, so I bought one from him for three hundred and eighty riyals: the two hundred he owes me, and I added one hundred and eighty riyals from my own money. Is this permissible?

The Shaykh:
There is nothing wrong with this. If you borrow money from him and exchange it for livestock, there is no harm in that, whether the livestock is equal to the loan amount or you add from your own money to complete what he owes you. There is no harm. However, your statement that the loan term has arrived: a loan is not deferred; it has no term. A loan is due immediately, even if a term was set for it. Yes.