In a Hadith found in Sahih Muslim, number 7420, the Holy Prophet Muhammad, peace and blessings be upon him, warned that the only wealth one truly possesses is connected to three things.
The first is what a person spends of their wealth on obtaining and consuming food. A muslim should spend reasonably on food without excessiveness, waste or extravagance as this can be considered a sin. Chapter 7 Al A’raf, verse 31:
“…and eat and drink, but be not excessive. Indeed, He likes not those who commit excess.”
It is vital for muslims to only consume the lawful as one’s supplication is rejected if they consume the unlawful according to a Hadith found in Sahih Muslim, number 2346. If one’s supplication is rejected how can the rest of their actions possibly be accepted by Allah, the Exalted?
The next thing one spends their true wealth on is on their clothes. Again, a muslim should avoid extravagance and wasting as these people have been labeled the siblings of the Devil. Chapter 17 Al Isra, verse 27:
“Indeed, the wasteful are brothers of the devils…”
A muslim should be pleased with nice, clean and simple clothing as this is an aspect of faith according to a Hadith found in Sunan Ibn Majah, number 4118.
The final wealth a person truly owns is what they send ahead to the hereafter by spending in ways which are pleasing to Allah, the Exalted. This includes spending on one’s necessities and the necessities of their dependents according to the teachings of Islam without waste, excessiveness or extravagance.
To conclude, a muslim should remember that the first two things have already been guaranteed by Allah, the Exalted, as they are a part of their provision which cannot change and was allocated to them over fifty thousand years before the creation of the Heavens and the Earth. This is confirmed in a Hadith found in Sahih Muslim, number 6748. Therefore, they should focus their efforts on the last aspect. All other forms of obtaining and using wealth in reality, does not belong to a person and will be left behind for others to enjoy even though they will be held accountable for it on Judgment Day.
PodHadith: Real Wealth: https://youtu.be/lCTT9dVgKJ0
PodHadith: Real Wealth: https://fb.watch/6r9iSUdYgH/
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