Educative, Inspirational and Motivational posts on Islam

Educative, Inspirational and Motivational posts on Islam

Friday, May 20, 2022

11 MATTERS RELATING TO MONEY

(2min Read)

Inheritance and wills

Anas related that the Prophet (Salallaahu Alaihi Wasalam) said: If anyone deprives an heir of his inheritance, Allah will deprive him of his inheritance in Paradise on the Day of Resurrection. (Ibn Maja)

How do you earn your money?

Abu Said related that the Prophet (Salallaahu Alaihi Wasalam) said: The truthful and trustworthy businessman will be in the company of Prophets, saints and martyrs on the Day of Judgment. (Darimi, Tirmidhi)

Debts

It is narrated by Abu Musa Ashari that the Prophet (Salallaahu Alaihi Wasalam) said: After the major sins which must be avoided, the greatest sin is that someone dies in a state of debt and leaves behind no asset to pay it off. (Darimi)

Loans

Abu Qatadah related that the Prophet (Salallaahu Alaihi Wasalam) said: If anyone would like Allah to save him from the hardships of the Day of Resurrection, he should give more time to his debtor who is short of money, or remit his debt altogether. (Muslim)

Strive with your wealth

Abu Huraira related that the Prophet (Salallaahu Alaihi Wasalam) said: The Lord’s commandment for every one of His slaves is, ‘Spend on others, and I will spend on you’. (Bukhari, Muslim)

The poor and your wealth
Safwan ibn Salim related that the Prophet (Salallaahu Alaihi Wasalam) said: 
Anyone who looks after and works for a widow and a poor person is like a warrior fighting for Allah’s cause, or like a person who fasts during the day and prays all night. (Bukhari)

Charity and punishment

It is narrated by Anas bin Malik that the Prophet (Salallaahu Alaihi Wasalam) said: Verily charity appeases the wrath of Allah and eases the sufferings of death. (Tirmidhi)

Moderation in giving

And those who, when they spend, do so not excessively or sparingly but are ever, between that, justly moderate”(Quran 25:67).

Bribery

And do not consume one another’s wealth unjustly or send it to the rulers in order that they might aid you to consume a portion of the wealth of the people in sin, while you know .” (Quran 2:188).

Contentment

Abu Huraira narrated that the Prophet (Salallaahu Alaihi Wasalam) said: Wealth is not in having vast riches, it is in contentment. (Bukhari, Muslim).

On Interest

Narrated Jabir ibn Abdullah: Allah’s Messenger cursed the accepter of interest and its payer, and one who records it, and the two witnesses; and he said: They are all equal (Muslim).

Abdullah ibn Hanjalah related that the Prophet (Salallaahu Alaihi Wasalam) said: A dirham of Riba (interest) knowingly taken by a man is a sin worse than committing Zina (fornication) 36 times (Ahmad, Daraqutni).