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Should I return the money to my friend or not?

Answered as per Hanafi Fiqh by Darulifta-Deoband.com
I have asked some money from my friend for some days as I need it. He gave it to me. But now when I am returning total money to him, he do not takes return and says it do not require to return. What should I do?

بسم الله الرحمن الرحيم

(Fatwa: 1331/1430/L=12/1436)

You are not asked to return the amount to your friend when he said that you do not need to return the amount to him. It is as if he has remitted the debt. The debt is remitted in case one calls it off.
قال فى الهندية: هبة الدين فمن عليه الدين جائزة قياسا و استحسانا ……. هبة الدين فمن عليه الدين وابراؤه يتم من غير قبول من المديون (الهندية: 4/384)

Allah knows Best!

Darul Ifta,
Darul Uloom Deoband

This answer was collected from the official ifta website of Darul Uloom Deoband in India.