poverty is very bad thing

 

Islam on Wealth and Poverty

Introduction

Islamic teachings on wealth & poverty Muslims believe that they are all of equal status in the eyes of Allah and so they should help their poor Muslims who are less fortunate than them. Muslims know that it is their duty not only as Muslims but also as human beings to help those who need their help. Their wealth and good health has been given to them by Allah to see how they use it. They believe that Allah is forever testing them whether they are rich or poor. In the Qur'an, Sadaqah means 'voluntary charity'. It fits in with the 3rd pillar of Islam known as Zakah. Sadaqah is not restricted to any special deed of righteousness. An example of Muslims giving Sadaqah, is during the fasting month of Ramadan. They give money to charities such as 'Islamic Aid'. Ramadan is done in the Islamic religion because Muslims believe that starving teaches an individual self-restraint and shows the more well off Muslims what the poor go through everyday. 

Middle

But if you repent, you may keep your capitals, without inflicting injustice, or incurring injustice. If the debtor is unable to pay, wait for a better time. If you give up the loan as a charity, it would be better for you". Qur'an 2:276-280 This explains, that God is against people who charge interest on long term deals. Such as mortgages. He says that those who do not charge interest, have their reward waiting for them with God. And those who charge interest, should be ready for war with God and his messengers. God also says that if you charge interest, but repent it, that you make keep the money. He also states that if the debtor is unable to pay back the loan, then you should harass him for the money, but you should wait for a better time to ask him for the money back. Therefore, Muslims are forbidden to lend money and then charge interest on that money.  

Conclusion

The meaning; "Whoever establishes the prayers on the night of Qadr out of sincere faith and hoping to attain Allah's rewards (not to show off) then all his past sins will be forgiven." Hadith, Bukhari Vol 1, Book 2:34. The Shariah law, is known as the straight path, the proper path. Islam teaches that wealth is a gift from God to make life better. Muslims have a duty to make the money that is needed to provide a decent standard of living for their families, but they must make it honestly, and make it fairly, having nothing to do with interest, gambling, or alcohol. Wealth is something given by Allah and it is there to be shared with other Muslims. When you are rich Allah tests you to see how you use your wealth. Wealth can be taken away from you just as easily it can be given to you if you don't remember Allah. Use the wealth you are given in a good way and Allah will give you more.

For Islam, all belongs to God, who provides material sustenance for humanity. At the same time, people are morally bound to support themselves and their families; idlers and thieves are considered parasites. Islam's protection of private property is tempered by its recognition that the poor have a claim on the property of the rich, who are exhorted to give generously out of their surplus. Alms giving is a pillar of Islam, and sharing one's wealth with the poor is recognized as an effective means to atone for sin. Within this broad framework, differences of opinion abound. For example, demanding interest on loans used for meeting basic necessities of life, defined as usury, is roundly condemned, while debate continues on the status of modern banking practices, even as their potential contribution to social prosperity is recognized. With the emergence of oil wealth, especially in the Gulf, great energy has been devoted to reviving the financial norms of Islam, evident in the emergence of an influential international Islamic banking system. Today, robust national and transnational Islamic social institutions provide poverty relief, education, and health services, often more effectively than the state.

Zakah - Islamic giving

By giving Zakah the heart of one gets purified. They do not feel greed all the time they do not wish too waste their money on things that are not needed. Then the person feels like giving to the poor they think about the needy and the orphans, the greed is demolished from there hearts, they feel as though

Wealth and poverty - Islamic teachings.

By doing this, we would be creating peace among st the countries. Mohammad also warns against lack of compassion in the world saying a man who" eats his fill while his neighbor remains hungry by his side"(Hadith) is not a true believer.

Religion, wealth and poverty.

Muslims are urged to enjoy wealth and not deny themselves of the good things of this life, since these are enjoyed as part of the bounty of god. Allah (swt) may bless us with wealth - but if we seek wealth out of greed, there is no blessing in it.

Human Beings and Poverty

For if a man with gold rings and in fine clothing comes into your assembly and a poor man in shabby clothing also comes in, you pay attention to the one who wears the fine clothing and say, have a seat here please.