Sunday, September 7, 2014

Islamic economics in Quran (9)

Stinginess & Wealth Accumulation: Islamic View
Allah in Holly Quran says:
“Those who do not spend their wealth that has been given to them by Allah must not think that it is good for them; indeed it is bad for them”
(Al-Imran: 180)

…“Allah does not love the arrogant and the boastful, who are niggardly and bid others to be niggardly and conceal the bounty which Allah has bestowed upon them. We have kept in readiness a humiliating chastisement for such deniers (of Allah’s bounty)”
(Al-Nisa: 36-37).

Paying Zakat
Allah in Holly Quran says:
“Say your prayers (Namaaz) and pay Zakat”.
(Al-Muzammil: 20).

“Establish Prayer and dispense the Purifying Alms (Zakat) and bow in worship with those who bow”.
(Al-Baqara: 43).


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