Islamic Finance - Responsible Spending

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Responsible Spending

Printed From: IslamiCity.org
Category: Religion - Islam
Forum Name: Islamic Finance
Forum Description: Islamic Finance
URL: https://www.islamicity.org/forum/forum_posts.asp?TID=18205
Printed Date: 30 April 2024 at 8:53am
Software Version: Web Wiz Forums 12.03 - http://www.webwizforums.com

Topic: Responsible Spending

Posted By: abu shaan
Subject: Responsible Spending
Date Posted: 25 January 2011 at 5:58am

Assalamu aleikum,
A muslim should be responsible in spending money, extravagance and waste
are strongly discouraged "[The servant of Allah swt are] those who, when
they spend are not extravagant and not stingy, but hold a just balance
between those extreme".
(Qura'n 25:67)

"O children of Adam! wear your beatiful apparel at every time and place
of prayer. Eat and drink but waste not by excess, for Allah loves not the
wasters" (Qura'n 7:31).

Replies:

Posted By: donna82d
Date Posted: 04 September 2011 at 12:00am

Good advice. Thank you.

Posted By: abuayisha
Date Posted: 04 September 2011 at 7:31am

Yeah, the key is moderation, and even when giving charity.

وَلاَ تَجْعَلْ يَدَكَ مَغْلُولَةً إِلَى عُنُقِكَ وَلاَ تَبْسُطْهَا كُلَّ الْبَسْطِ فَتَقْعُدَ مَلُومًا مَّحْسُورًا

... And Do Not Make Your Hand Tied To Your Neck Like a Miser Nor Stretch It Forth To Its Utmost Reach, So You Become Blameworthy, Destitute.

(Surah 17: Ayah 29)

Posted By: Polhin
Date Posted: 21 September 2012 at 12:12am

I would like to add that people should pay their dues on time soi as not toi incur additional charges.

Posted By: alex61564
Date Posted: 13 November 2012 at 3:28am

I agree! Moderation is the key of life!

Posted By: abellong
Date Posted: 23 July 2013 at 7:39pm

I agree with you