Islam provides clear guidelines for earning, owning, and spending wealth in a moral and just manner. All wealth ultimately belongs to God, and humans are trustees responsible for acquiring and using resources according to God's commands. Islam forbids unlawful and uncertain transactions like interest and excessive risk, and promotes fair partnerships and trade. It also prohibits extravagance and stinginess in spending, advocating moderation and using wealth to help others. To earn and keep wealth pure, Muslims must consider whether activities are permissible or forbidden by Islamic law.
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ALL WEALTH BELONGS TO ALLAH
1. ALL WEALTH BELONGS TO ALLAH
Islamisa complete code of life andprovidesthe bestwaystolive alife ina goodmanner.Beinga
Muslim,itisour duty to obeythe commandmentsof AlmightyAllah.If we talkaboutthe conceptof
wealthinIslamandstudythe guidelinesof Islaminthisrespect,we couldeasilyunderstandthe
objectivesof Islamthatwouldleadtoestablishingafairsocietywiththe bestmoral values.We should
keepthisrealityinourmindthatall resourcesbelongtoAlmightyAllahandmanisthe trustee (Ameen)
that acquiresandutilizeswealthandresourcesinaccordance withthe guidelinesandcommandments
of Allah.Besidesthis,we mustalsohave afaiththatAllahmaybestow more wealthtoa certainperson
and give fewresourcestoanotherpersonandinthisway; Allahtakesexaminationof the people.When
we accept these obviousfacts,we mustobtainandutilize the resourcesaccordingtoHisordersand
doesnottry to do any act that couldleadto deprive anybodyfromhispropertyinawrongmanner
because itis interferenceinthe decisionsof Allah.
Islamhas givensanctitytoone'sownershipwhichisobviousfromone hadithof ProphetMuhammad
(SAW) thatif anypersontriesto getone'spossessionorownershipwronglyandif thisactionleadsto
fightingand the owneriskilledinthisfighting;he wouldbe amartyrbut if the wrongdoeriskilledinthis
fighting;he wouldbe inthe fire.(Reference:SahihMuslim, SunanAl-Nisai,SunanIbnMaja).Here,we
mustunderstandthatthe sanctityof one'sownershiponlyremainsatthatpointof time until the
commandmentsof Allahare obeyed.
If anybodycontravenessacredguidelinesandlawsof the State,the sanctityrelatedtothat part of the
wealthwouldbe nomore.Forexample,amanwho doesnotpay zakahand taxesof governmentetc,
the appropriate actionmightbe takenagainstthat persontoenforce writof Islamand government.It
mustbe notedat thispointthatthe lawsof the state regardingtaxesetc.mustbe baseduponjustice
otherwise the forceful deprivationof one'swealthwouldbe observedasinof that government.
Beinga Muslim,we mustconsiderthisfactthat our stayin thisworldisonlyfor some time andthis
worldisjustan examinationhall inwhichwe are givingexamandthe successinthis examination
dependsuponthe real practice of the teachingsgivenbyIslam.Asfaras wealthisconcerned,Islamhas
givenclearinstructionstoearnandconsume wealthandthe sanctityof wealthdependsuponthe
compliance andimplementationof teachings of AlmightyAllahotherwise we will be committingsin.
Now,we focuson the Earning Of WealthinIslam.The accumulationof wealthisa verysensitiveissueas
it effectsnotonlyonthe life of one individual butspreadsitseffectsuponthe wholesociety.Inthis
regard,Islamsiegesall the waysof earningof wealththatcouldgetharm the societyandelaborate ways
that couldleadto circulationof wealthamongthe membersof the societyratherthanconcentrationof
wealthinfewhands.Inthisregard,one personmustobserve teachingsof IslamregardingHALAL
(permitted)andHARAM(prohibited) thingsandways.
2. As faras economictransactionsare concerned,Islamstrictlyprohibitsriba(interest)basedtransactions
and gharar (excessive uncertainty) basedtransactionsastheyleadtoselfishness,greedanddisputes
amongthe society.Toearnwealth,Islamdescribesthe permittedways.Inthisregard,Islamprovides
partnershipframework,explainsrulesof sale of goodsanddescribesrulesforexecutionof different
typesof contracts. If one personfollowstheseguidelinesandrulesinordertoearn income,the
transactionsor contracts wouldbe validbutthe violationof the ruleswouldmake the earningHaramor
contract invalid.If we talkaboutthe CONSUMPTIONAND USE OF WEALTH IN ISLAM, we cannotspend
wealthinthose areaswhichare prohibitedandavertedorto buyprohibiteditemslikepork,wine etcas
prohibitedthingshave novalue inthe eyesof Islamandwe are notpermittedtospendthe wealththat
Allahhasbestowed.Inthisregard,Islamprohibitstwoextremesof consumerbehaviori.e.Israf
(extravagance) andBukhl (stinginess).InQura'an,there are clearinstructionstoavoidthese two
behaviors:InSurah17, the people,whodoextravagance,have beendescribedasbrothersof the Satan
and inSurah 3, Allahhasexpressedthe actof stinginessasbadact and toldthat the things,inwhichthe
Bukhl isdone,will be tiedtothe neckslike acollaron the day of judgment.Whenone persongoe sfor
extravagance andluxuriouslife,he forgetsthe mainpurpose tolive inthisworldthatthisworldisa
temporaryplace andwe have come here forsome time.Whenone personmakeshimself habitual of
luxuriouslife,he wouldtrytomaintainhishighlivingstandardandinthisway,he mightviolate the
teachingsof Islaminmaintainingtheirworldlylifeinaluxuriousmannerandoptevenprohibitedways.
By keepingthiswayof consumptionof wealth,apersonsquandershiswealthinnonproductive ways.
Thiswealthmayalsogo for productive purposesinthe societyinthe formof investmentthatcouldalso
become the source of earningandthiswealthmayuse to fulfill the essential needsof poorandneedy
people.Onthe otherhand,if one persongoesto anotherextreme side i.e.Bukhl,the person
accumulateswealthanddonot consume hisearningsandwealtheventofulfill the necessaryneedsand
requirementswhichis,inreality,ingratitude of AlmightyAllahasAllahhasbestoweduponhimbuthe is
not usingthe wealthtofulfillthe needs.Thistype of behaviorhampersthe circulationof wealthinthe
societyasthe uselessaccumulatedwealthmaynotgive anybenefittothe societyinanyform.The
personcommittingBukhl isactuallyaselfishpersonandhe wouldnevergotohelppoorand needyof
the society.Therefore,Islamprohibitsbothtypesof extreme consumerbehaviorsandpromotes
moderationbecause bothbehaviorsdeveloploveforthisworldandwealthandleadtoforgettingthe
life hereafter. Whenapersonkeepsthe scaredinstructionsof Allahinhismindandconsidersthisworld
as an examinationhallinatrue sense,he wouldspendmore andmore uponthe welfare of the poorand
the societytoget eternal reward.Therefore,itisclearthat Islampermitsusto earnwealthas wealthis
importantforlivinginthisworldbutitis importantthatwe must thinkthe factorsof HARAMandHALAL
while earningorconsumingwealthandobeythe commandmentsof Allah.
Beinga Muslim,we mustobserve some veryimportantrealitieswhichare overlookedinourdailylife
while earningandconsumingwealthandwe generallydonoteventhinkthatthe earningand
consumptionfromandto these activitiesare leadingtowardsthe commitmentof sin.Forexample,if
anybodysellsthe productsandservices(marketingof products) byexhibitinggirlsandwomenaswe see
on television,fashionshowsandbill boardsonthe roadsetc,these are not permittedandthe earning
fromthese sourceshasnot any sanctityinthe eyesof Islam.Beinga Muslim, we know thatthese
activitiesare notpermissibleinIslambutunfortunately,these activitiesare verycommonandthere is
3. not anyconsiderationwhile earningandconsumingwealthfromandtothese prohibitedareas.These
activitiesare leadingthe whole societytowardsthe promotionof immoral valuesandattainmentof
satanicobjectives.The Muslimmustfarawayfromthese activities.Itmustbe understoodandkeptin
mindthat whenwe talkaboutthe HALAL earning,we mustobserve andobeythe teachingsof Islamby
heartand soul and getrid of any activitythatleadsto spreadevil inthe societyandagainstthe
injunctionsof Islam.If we obeythe commandmentsof AlmightyAllahinatrue sense andconsiderthe
factors of HALAL and HARAMwhile earningandspendingof wealth,oursocietymightemergeasan
excellentexampleof notonlythe equitabledistributionof wealthbutalsoappearasa place of high
moral and goodethical standards.Islamencouragesustostrive forearningwealthandexplore the
resourcesbutit isobviousthatif we follow the guidelinesof Allah,the wealthhasa sanctitybecause
thiswealthhasbeenacquiredbyusin accordance withthe guidance of Allahbutif we earn wealthby
ignoringthe factorsof permissionandprohibition,the wealthhasnotanysanctitybecause thatwealth
has come to us fromsatanicsourceswhichmightinvolve the earningbyspreadingthe immoral attitudes
or by disregardingthe rightsandneedsof otherindividualsetc.Therefore,itisclearthatwealthisnota
goodor badin itself butthe earningandspendingof wealthmakesthe wealthgoodorbad