Muslim views on wealth and poverty Essay

The root word richesiness and poverty is very pregnant in Islam.Hu pieces of course love wealth and possessions, provided Muslims commit that each wealth is cr finished and abandoned to us by Allah and so it run shorts to him. Humans sight sole(prenominal) cream hard scarce any wealth that is consumen to them is from Allah. Beca determination of this, Muslims believe wealth should be spent on family and also on those who are in need.What is poverty in IslamMuslims believe life is a stream permit from Allah, and we can either choose to follow him or follow the path of shaitan (Satan).Muslims believe nothing can happen to them that is outside the plans of Allah. Suffering and bruise are part of his plans to test the faith of people.There are dickens different types of evil according to HindusNatural evil which is a vector sum of natural processes. D beath comes as a result of committing natural evil.And virtuous evil. Hindus believe that Hindus just need to commit m oral evils such as incest, theft, adultery, lying and murder. They believe this comes from the law of karma.If a person suffers in this world, it is because of rotten karma in a previous life.Muslims believe life is a test of obedience to Allah therefore poverty is a test of patience from Allah. They sentiment that they are in a wining position because if they dont produce wealth, they are being advantageed for their patience. Non believers do bad things yet they live luxuriously, plainly Muslims do good and still are poor. This is because they believe that the aim in life is to obey Allah, and their patience will be rewarded, where as non believers, believe that the aim in life is to get as much wealth as possible, which takes them away from the path of Allah, as it says in the Quran verse To Allah we belong and to Him is our return (2156).What is Wealth in Islam and how does Islam deal with it?The Muslim ummah is very important in Islam, as we should treat either(prenominal ) Muslim as our br new(prenominal)s and sisters so everyone is responsible for one and other, helping the neighbors and being kind to severally other.O mankind We do you from a single (pair) of a male and female, and made you into nations and tribes, that ye may know each other (not that you may despise each other) Allah has full knowledge and is well acquainted (with all things) (4913)Life is a test for the rich and he poor. The rich will usually perplex nice lives as Allah has blessed them, but they must not let greed take over their soul.Riches are sweet and a source of blessing to those who acquire them in a way but those who seek them out of greed are like people who eat but are never full (The Prophet S.A.W hadith).They must use their wealth in the right way and Allah is testing them. The wealthy should give humanity and zakah and earn Halal money.The poor are tested in Islam by their patience. Muslims believe if you are patient then Allah will reward you. They also know that nothing in this life belongs to them it all belongs to Allah so they should focus on their faith rather than their wealth.and know that your possessions and your children are but a trail and that surely Allah is a mighty reward (828)Allah has devoted us wealth and Muslims know that it doesnt belong to them.The wealth is not ours therefore, we should administer Allahs possessions with the poor.Muslims do this by giving charity, such as zakah, sadaqah, sadaqah jariyah etc.What is Zakah?Zakah is one of the pillars of Islam, in which we must give at least(prenominal) 2.5% of our income to the poor.It is compulsory to all Muslims who have enough money to pay zakah, they must have had the money for year, they cant be in debt, they cant be mental and they must be past the age of maturity.And (in the daytime and at night) establish the prayer and pay Zakah and for the cause of your religion and state lend to Allah a befitting loan, and remember whatever good you send forth for yours elves you shall happen it with Allah better than ahead and greater in reward. (7320)The Quran demands that individuals take material office for poverty and suffering in the Muslim community (ummah). That is why the Quranic revealing above demands that each person give up a genuine amount of material wealth to support the poor.We must give zakah to the poor, the indigent, the throw off the blind, orphans, the suffering etc.The following table shows the rates of zakahWealth measuring stickRateCash in hand or bankOur protect of 595g silver2.5%Gold and silver85g gold, 595 g silver2.5%Trading goods observe of 595g sliver2.5%Cows and buffaloes301Goats and sheep401 minelaying produceany20%agriculturalPer harvest10% from rainwater watered land5% from irrigated landcamelsPer 51 sheep or goatZakah al Fitr?Zakat al fitr is given at the end of Ramadan, before the eid prayer. It is necessary for who ever is unresolved to give it. It is to purify your soul, make up for the errors committ ed during Ramadan and it is also to help the poor on the holy eid day. It is estimated that roughly 3 pounds should be given from each member of your family.Aqiqah?Seven years later on the birth of the child comes the aqiqah . it is a celebration where friends and relatives to come and eat and the baby is named. During this celebration the babies hair is shaved and by tradition, the same freight of hair in gold or silver is given to the poor, other Muslims offer a sacrifice. The meat is often shared with the family, the visitors and the poor.Sadaqah?Not every one is rich so how can the poor give charity? Charity comes in numerous forms weather it is giving money to the poor, mental synthesis a mosque or even smiling at someone. To clean the streets of unwholesome things is also a charity.Every one in the world is capable of doing charity as Abu Dharr (may Allah be pleased with him) reported that the Prophet (S.A.W) express there is no person who does not have the obligation of (doing) a charity every day that the sun rises.He also tell smiling in the face of your brother is a charity and pouring out from your bucket into your brothers bucket is a charity.Sadaqah jariyahSadaqah is on going charity. The reward for this type of charity benefits the donor even after they have passed away for as long as people aim the benefit from the donors charity.Forms of charity can be many things such as providing a well for clean water or even building a hospital.The prophet (S.A.W) said when a man dies his action comes to an end except for three an ongoing charity, knowledge that benefits others and religious offspring who pray for himRiba/InterestRiba is the Arabic term used for usury.In Islamic terminology interest means effortless profit or that profit which comes free from compensation or that extra earning that is free of exchange.Riba is haram in Islam. The reason for this is because it is concerned a form of injustice, and exploitation.The economy today is debt based, and only does risk transfer, where as the Islamic economy is asset-based and doe risk sharing, it is all about fairness to all parties.The prophet (S.A.W) said a dirham of usury a man devours with knowledge is greater than thirty sise fornications and it is also reported that he said cursed the devourer of usury, its payer, its scribe and its 2 witnesses, and he said that they are equal (in sins).ConclusionIn decisiveness wealth and poverty are very important matters in Islam.As Muslims we should know that life is given to us by Allah, therefore every thing in or possession belongs to Him so we must share our wealth.It is our duty as Muslims to help the ummah, and giving zakah and sadaqah will pure us from our greed and help our ummah.Also everyday friendly gestures such as smiling, helping can be a form of charity so you dont ever need wealth to give charity.