Surah At-Taubah, Ayat 60

Ayat 60. As-Sadaqat (here it means Zakat) are only for the Fuqara' (poor), and Al-Masakin (the poor) and those employed to collect (the funds); and for to attract the hearts of those who have been inclined (towards Islâm); and to free the captives; and for those in debt; and for Allah's Cause (i.e. for Mujahedin - those fighting in the holy wars), and for the wayfarer (a traveller who is cut off from everything); a duty imposed by Allah. And Allah is All-Knower, All-Wise.

Hazrat Abu Umamah (May Allah be pleased with him) reported: Messenger of Allah [SAWW](PBUH) said, "O son of Adam, if you spend the surplus, it will be better for you; and if you retain it, it will be evil for you. You will not be reprimanded for storing what is enough for your need. First of all spend upon those who are your dependents.'' [At-Tirmidhi Hadith # 2343].

Lesson : as mentioned above in Surah At-Taubah Ayat 60. "As-Sadaqat (here it means Zakat) are only for the Fuqara' (poor), and Al-Masakin (the poor). The Muslims have been allowed, rather emphatically told and commanded, to possess as much wealth as could meet their personal and family needs. Yet, they have also been advised to spend the spare money on the needy. Man has been told that it is unwise on his part to be niggardly about money because it spawns unfavourable results in this world as well as in the Hereafter. The concentration of wealth within a few hands freezes its vitality and leads to corruption in society. As for the Hereafter, the result of stinginess will be definitely bad as the Qur'an says: "The things which they covetously withheld shall be tied to their necks like a collar on the Day of Resurrection.'' (3:180) Some `Ulama' are of the opinion that after the payment of the annual Zakat (poor-due), it is not necessary to spend more. But to be accurate, if somebody pays Zakat and yet retains enough money with him, and there are some needy people also in his knowledge, then he will be bound to spend on them. At-Tirmidhi quoted a Hadith in which Messenger of Allah [SAWW](PBUH) said, "Indeed there is a right (for poor) in the wealth in addition to Zakat.''