Economy/Wealth

 Economy/Wealth

Wealth is a blessing

·                 Wealth is a blessing. - 2:198, 3:174, 3:180, 4:32, 4:37, 4:73, 9:28, 9:59, 9:74, 9:75, 9:76, 16:14, 17:12, 17:66, 24:22, 24:32, 24:33, 28:73, 30:23, 30:46,35:12, 45:12, 62:10, 73:20

Leadership and Wealth.

·                 Wealth is not a criterion for leadership. - 2:247

Poverty and wealth are not permanent

·                 Cycle of periods. - 3:140

·                 Testing by poverty and illness. - 2:155, 6:42

Accumulation of wealth among the wicked

·                 If accumulation of wealth among the wicked is seen. - 2:212, 9:55, 9:69, 9:85, 10:88, 13:26, 17:30, 18:34,35, 18:46, 20:131, 23:55, 28:82, 29:62, 30:37, 34:35, 34:37, 57:20, 58:17, 68:14, 104:3

Should not lament when loss is incurred

·                 When material loss is incurred. - 2:155, 3:186

·                 Should not be tempted to excess wealth. - 6:44, 17:16, 18:46

For whom it should be spent

1.              Spending for the parents. - 2:83, 2:215, 4:36, 6:151, 17:23

2.              Spending by the father on children. - 2:233

3.              Spending for the relatives. - 2:177, 2:215, 4:8, 4:36, 16:90, 17:26, 24:22, 30:38

4.              Priority to be given to those who serve in the way of Allah without demanding charity. - 2:177, 2:215, 4:8, 4:36, 76:8, 90:15

5.              Spending for orphans. - 2:273

6.              Spending for poor. - 2:177, 2:215, 4:8, 4:36, 17:26, 24:22, 30:38, 51:19, 69:34, 74:44, 76:8, 89:18, 95:16, 107:3

7.              Spending on those who ask (beggars). - 2:177, 51:19, 70:25, 93:10

8.              Spending on nomads (travelers). ÓRp - 2:177, 2:215, 17:26, 30:38

9.              To free the slaves. - 2:177

10.         Spending for the prisoners. - 76:8

11.         Husband spending for his wife. - 4:34, 65:6

12.         Spending for neighbors. - 4:36

13.         Spending for the debtors. - 2:280

14.         Spending for those who caused harm. - 24:22

15.         Showing leniency to those who have borrowed. - 2:280

What has to be spent?

·                 Spend from what you like. - 2:267, 3:92

·                 Spend from excess. - 2:219

·                 Reward only if it is spent from Halal (Permitted). - 2:215, 2:267,

·                 Resort to medium level spending. - 17:26, 17:29, 25:67

·                 Defective things should not be given. - 2:267, 3:92

Reward for Spending

·                 Reward many times. - 2:245, 2:261, 2:265, 2:272, 9:121, 34:39, 57:7, 57:18

·                 Poverty will not occur due to charity. 2:268, 2:276

·                 Sins will be erased for helping the poor. - 2:271

How to Spend

1.              Benefit will be awarded only if it is spent for the sake of Allah. - 2:265, 2:266, 2:272, 5:27, 8:60, 9:54, 9:99, 76:9

2.              Openly and secretly, it can be spent. - 2:271, 2:274, 13:22, 14:31, 16:75, 35:29

3.              The things which destroy the benefits of our charities. - 2:262, 2:263, 2:264, 3:117, 4:38, 9:53, 9:54, 9:98

4.              It is better to spend while a person is in difficult state. - 3:134

5.              The fate of those who spend in evil ways. - 3:117, 8:36

6.              The fate of the stingy. -  3:180, 4:37, 9:34,35,  9:76,77,  47:37, 47:38,   92:8-11

7.              Should not be stingy. 4:128, 25:67, 57:24, 59:9, 64:16,

8.              Those who have nothing to spend should feel for it. -9:92

9.              Spending during necessity. - 57:10

10.         Those who find fault with those who spend. - 9:79

11.         Extravagant spending. - 6:141, 7:31, 17:26, 25:67

12.         Those who do not have anything to give, have to use kind words. - 17:28, 93:10

13.         Can spend at any time either at night or day. 2:274

Bribery. -

·                 We should not bribe others in order to grab the property of others. - 2:188, 4:161

·                 Bribe should not be taken. - 2:188, 5:42, 5:62, 5:63

Interest (Usury)

1.              Earning should not be based on interest. - 2:275, 2:276, 2:278, 2:279, 3:130, 4:161, 30:39

2.              Is it only getting higher interest which is forbidden? - 3:130

3.              Those who eat interest will be raised as mad men. - 2:275

4.              Interest is completely forbidden. - 2:275

5.              Should not receive interest which you expect. - 2:278

6.              Low interest is also forbidden. - 2:278

7.              Those who receive interest fight against God. - 2:279

8.              Those who mend themselves can receive only the principle. - 2:279

9.              Permanent Hell for those receiving interest. - 2:275

10.         It they mend they can make use of the interest received before. - 2:275

Consuming the wealth of others

·                 Should not consume the wealth of others by wrong means. - 2:188, 4:2, 4:29, 4:161, 9:34,

Deceit

·                 Should not indulge in betrayal. - 3:161, 3:188, 4:105, 8:27

Stealing the property of the orphans

·                 Should not cheat others to grab the property of others. - 2:220, 4:2, 4:6, 4:9, 4:10, 6:152, 17:34, 89:17

·                 Wealthy people should do the maintenance of the orphans with service mentality. - 4:6

·                 The poor can receive wages for the maintenance of the orphans. - 4:6

Concealing the truth in business

·                 Should not hide the truth while doing business. - 2:42, 2:146, 3:71, 4:94

Doing Adulteration

·                 Should not do business concealing the truth, should not do adulteration. - 2:42, 3:71, 9:102

Wages for preaching religions

·                 Should not demand wages for preaching religion. - 6:90, 10:72, 11:29, 11:51, 12:104, 25:57, 25:109, 25:127, 25:145, 25:164, 25:180, 34:47, 36:21, 38:86, 42:23, 42:23, 52:40, 68:46

·                 Should not make use of the Book of God to earn. - 2:41, 2:174, 3:187, 3:199, 5:44, 9:9, 7:169

·                 It will not be considered as selling the religion if those who preach religion give and receive charity. - 2:273

Betraying the associates (relatives)

·                 Betrayal of the associates should not be done. - 38:24

Cheating in Measuring and Weighing

·                 Should be correct in measuring and weighing. - 6:152, 7:85, 11:84, 11:85, 17:35, 26:181, 26:182, 26:183, 55:8, 55:9, 83:1, 83:2, 83:3

Earning by false oath

·                 Should not earn your living by false oath. - 3:77, 5:106, 16:95

Earning by Prostitution

·                 Should not earn by prostitution. - 24:33

Begging

·                 Should not beg. - 2:273

Permission to levy tax

·                 Permission to levy tax. - 18:94

Trade

·                 It is permitted. - 2:275, 2:282, 4:29, 24:37

·                 Trade through sea. 2:164, 16:14, 17:66, 30:46, 35:12

·                 Honesty in Trade. - 6:152, 7:85, 11:84, 11:85, 17:35, 26:181, 55:8,9, 83:2,3

Earning by Hard work

1.              Working for wages. - 28:27

2.              Fishing. - 16:14, 35:12

3.              Manufacturing Jewels. - 35:12

4.              Grazing cattle. - 20:18, 20:54

5.              Agriculture. - 2:164, 2:267, 6:141, 12:47, 13:4, 16:11, 32:27, 39:21, 56:63, 56:64

Debt

1.              Cancellation of the debt is also a charity. - 2:280

2.              Loans with fixed period of time should be recorded. - 2:282

3.              For the transaction of loans witnesses have to be set. - 2:282, 5:106

4.              If there is no possibility of recording then any valuable can be received in possession to give loans. - 2:283

5.              Leniency time should be given to those who are not able to repay. - 2:280

6.              Recording should be done according to instruction of the one who demands loan. - 2:282

7.              The person who has the knowledge to record should not deny it. - 2:282

8.              The loans regarding the property and the others responsibilities should be fulfilled by the heirs. - 2:233

9.              Clearing debt is the first obligation in dividing the property of the diseased. - 4:11,12

The wealth should be spent with responsibility.

     1. Those who do not hold the responsibility in spending the   wealth should not even be given their own property. - 4:5

Prudence on spending wealth

·                 The property should not entrusted to the person who do not have prudence on spending wealth- 2:180, 2:182, 2:240, 4:11, 4:12, 5:106, 36:50

Bequest (Inheritance)

·                 Bequest. - 2:180, 2:182, 2:240, 4:11, 4:12, 5:106, 36:50

·                 If any mistake is found in the one who prepared a bequest, he should be corrected. - 2:182

·                 Fulfilling the bequest..- 4:11,12

Begging

·                 Should not beg- 2:273

Concealing the status of wealth

·                 One should not conceal his wealthy status. - 4:37

In the house of a close relative

·                 In the house of the close relatives, food items can be eaten without getting their permission. - 24:61

The law of partition (of property)

·                 The law of partition. - 4:7, 4:11, 4:12, 4:33, 4:177

Food

1.              Permitted to eat the food of those who are given the Book. - 5:5

2.              The forbidden food. - 2:173, 5:3, 6:145, 16:115

3.              Should consume only meat of the animal slaughtered in the name of Allah. - 5:4, 6:118

4.              Refusing to eat is rejecting the faith. - 6:118,119, 6:121,

5.              Should not eat if the name of Allah is not mentioned. - 6:121, 22:36,

6.              The living things in the sea are permitted. - 5:96, 16:14, 35:12

7.              During ‘Ihram’ hunting in the sea is not forbidden. - 5:96

8.              Should make the permitted as forbidden. - 5:87, 6:140, 9:37, 10:59, 16:116, 66:1

9.              Should make anything ‘forbidden’ according to one’s own whims and fancies is not permitted. - 6:143-144

10.         Hunting can be done with the help of animals trained for hunting. - 5:4

11.         Invoking the name of god while sending the animal for hunt. - 5:4

12.         Hunting can be done by gun, arrow, spear, etc. - 5:4

13.         It is a crime to make the permitted forbidden. - 5:87

Zakath

·                 For details refer the title ‘Worship’ in the subject index.

Published on: July 1, 2013, 1:45 PM Views: 1030


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