Financial Advice from Prophet Muhammad (SAW) for Everyone | Belal Assaad Islamic Reminder

00:07:11
https://www.youtube.com/watch?v=j7W44OPRVgM

Summary

TLDRThis video discusses Islamic teachings regarding financial independence and responsibility. It emphasizes the Prophet Muhammad's advice against developing a habit of asking others for financial help, such as loans. The importance of being financially independent, which is more virtuous than dependency, is highlighted. It is suggested that one should first prioritize spending on dependents, like spouse and children, before considering charitable giving. The best kind of charity is defined as what remains beyond one's personal and familial needs. The video further explores the Quranic verse that cautions believers to maintain financial provision for their family, even after their demise, and warns against giving away all wealth in charity or mismanaging it. It conveys that while Allah provides for everyone's needs, individuals have a duty to actively seek financial stability through their efforts, while trusting in Allah's assistance. Moreover, leaving a sufficient inheritance is seen as essential to prevent dependents from facing hardship.

Takeaways

  • 🤲 Financial independence is valued over dependency.
  • 👪 Prioritize financial care for dependents like spouse and children.
  • 💰 The best charity is from surplus wealth beyond personal needs.
  • 🚫 Avoid habitual borrowing; strive for self-reliance.
  • 📈 Trust in Allah but also make personal efforts for financial stability.
  • ⚖️ Balance charity with family obligations; family comes first.
  • 🌓 Leaving a responsible inheritance is important.
  • 🔧 Work toward financial self-sufficiency, not just prayer for provision.
  • 📜 Islamic teachings encourage fiscal responsibility.
  • 🌍 Concession for those affected by disasters; patience is rewarded.

Timeline

  • 00:00:00 - 00:07:11

    The speaker emphasizes the importance of financial independence, citing a Hadith from the Prophet Muhammad (peace be upon him) that instructs Muslims to avoid asking others for financial help whenever possible. Instead, individuals should strive for self-sufficiency as Allah promises to make them un-needy if they rely on their abilities. The emphasis is placed on the importance of giving rather than receiving, prioritizing family and dependents in financial matters.

Mind Map

Video Q&A

  • What does the Prophet Muhammad say about asking for loans?

    The Prophet Muhammad advises against the habit of asking others for loans and encourages self-reliance.

  • Who should be prioritized in financial spending according to Islamic teachings?

    Dependents such as one's spouse and children should be prioritized in financial spending.

  • What is considered the best type of charity in Islam?

    The best type of charity is what is left over beyond one's financial needs, after prioritizing dependents.

  • How should Muslims view financial independence?

    Muslims should seek financial independence and rely on their own abilities while trusting in Allah's assistance.

  • What does the Quran say about fearing poverty for one's children?

    The Quran advises believers to be mindful of the future well-being of their children and not neglect financial responsibility towards them.

  • What is the Islamic view on leaving an inheritance?

    Leaving an inheritance is important to ensure children and relatives are not left destitute.

  • How does seeking financial independence align with Islamic teachings?

    Seeking financial independence aligns with Islamic teachings by ensuring self-sufficiency and fulfilling responsibilities towards dependents.

  • What misconception do some Muslims have regarding provision?

    Some Muslims believe that they should rely solely on Allah for provision without making personal effort.

  • What should be the approach towards giving in charity according to this video?

    Charity should be given from what remains after meeting the needs of one's dependents, and the priority is to care for them first.

  • How should Muslims respond to financial challenges?

    Muslims should work diligently towards financial independence and not resort to begging.

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  • 00:00:00
    he goes on sallallahu alaihi wasallam
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    whoever is able to not need to ask from
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    others Allah will make him un needy you
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    stop yourself from asking people for
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    loans asking people for whether it's
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    money or anything else don't go into
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    that habit avoid it as much as you can
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    Allah says he will make him un needy the
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    Hadith from the prophet sallallahu
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    alaihi wasallam theith is inkari and
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    Muslim he said
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    the meaning of the Hadith is as follows
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    the hand that gives is better than the
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    hand that begs and receives in other
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    words Financial Independence is better
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    than financial dependence the proper P
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    him Goes On by saying and start with
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    your dependent
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    first in who you give and spend on AB
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    said who are who are our financial
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    dependence he said your wife your
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    children and anyone who is dependent on
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    you for their livelihood you start with
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    them first from your wealth before
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    anyone else he also said sallallah
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    alaihi wasallam the best type of Charity
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    listen carefully is from what is left
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    over Beyond one's financial needs
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    meaning your savings and profit which is
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    the best charity after what you spend on
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    yourself your wife your children your
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    dependence whatever's left over that you
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    don't need for your family and your
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    livelihood your shelter your clothing
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    your food your security and so on left
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    over the best charity you can give is
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    from that why because there's a priority
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    dependence take priority and being
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    obliged to spend on your dependence is
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    more beloved toward
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    because no one else is going to spend on
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    him but you also spending on your
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    dependence is an obligation which is
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    also considered a charity in fact it is
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    the best charity of all Charities what
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    is obliged is the best charity of all
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    charity he goes on sallallahu alaihi
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    wasallam whoever is able to not
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    need to ask from others Allah will make
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    him un needy you stop yourself from
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    asking people for loan
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    asking people for whether it's money or
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    anything else don't go into that habit
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    avoid it as much as you can Allah says
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    he will make him un needy then he says
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    whoever is satisfied whoever is
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    satisfied with what they have Allah will
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    bless their wealth and their wealth will
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    increase or it also means whoever relies
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    on their abilities Allah blessed them
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    with and seeks financial Independence
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    Allah will assist him in his seeking and
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    his efforts so what have we understood
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    from
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    this a Muslim should be financially
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    independent as much as they can if
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    they're not yet then to seek it and to
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    work and not sit and wait and use
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    justifications and excuses that Allah is
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    going to provide them without
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    moving and also not to beg and ask and
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    get out of that
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    habit and also that your family and
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    dependence are more worthy come in
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    priority and it is Haram to neglect them
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    even in the name of Charity to
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    others and that the best charity is to
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    your dependence first and then the next
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    best charity is what's left over of your
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    wealth to
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    others and that obligation towards your
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    family is a charity you get rewarded for
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    ab says to the prophet peace be upon him
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    who are those you said are the dependant
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    or messenger of Allah and he said your
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    wife so that your wife does not say my
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    husband you are you have neglected me so
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    leave me I can't live with you or your
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    child said says oh Father you have left
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    me Barren and vulnerable where do I go
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    these are the words of the Prophet
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    sallallahu alaihi wasallam Allah says in
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    the Quran in Surah number 4 verse 9 in
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    he says
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    [Laughter]
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    [Laughter]
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    and let them fear those
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    who if they would themselves leave
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    behind helpless children they would
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    surely have been fearful on their
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    account let them then fear Allah and
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    make the right statement what does this
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    verse mean Allah is telling us that
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    there is a legitimate fear of poverty
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    upon your children and your family if
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    you were to die and leave them behind
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    with no financial resources or wealth
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    that they can look after themselves when
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    you die this is a misconception among
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    Muslims where they say not this there is
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    a misconception among Muslims where they
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    say Allah will provide will provide them
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    it is absolutely true that Allah will
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    provide
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    them but Allah also has already provided
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    us these resources and the ability to
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    work and he commanded us to do that so
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    anything which Allah commands us to do
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    it means we take some of that
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    responsibility and the responsibility is
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    to do our part in the end if Allah
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    provides you from or doesn't that's in
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    the hands of Allah and everyone's
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    provision is written but you have to
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    still work towards it and even your
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    working towards it is written Allah
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    facilitates everything fairly and justly
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    and the meaning of this verse is that
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    some people when they before they die
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    they they want to donate and give in
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    charity all their wealth or they start
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    giving their wealth to certain people
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    than others or they name it for some of
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    their children rather than others or
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    they hide it or whatever it is Allah is
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    telling them let them fear that they
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    leave behind an offspring who will be
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    Barren and vulnerable so fear Allah do
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    you understand Allah did not say give
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    your wealth away and don't worry about
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    your children I will provide them no no
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    no providing comes in two ways that
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    Allah provides you without you asking
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    and he also provides you with you doing
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    the effort the Hadith Prophet is very
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    clear says Allah will assist the person
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    when they do the effort inheritance
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    therefore is
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    important and how can you leave behind
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    wealth for your children and family if
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    you yourself are not wealthy and you
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    yourself have not doesn't seek now we're
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    not talking about people around the
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    world who are disadvantaged because of
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    the the the oppression and Corruption of
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    their governments or because of war or
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    because of uh circumstances disasters
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    those people they have to be patient and
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    Allah will still provide them we're
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    talking about people whom Allah has
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    given them security and safety in their
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    land
Tags
  • financial independence
  • Islamic teachings
  • charity
  • dependents
  • self-reliance
  • financial responsibility
  • inheritance
  • Quran
  • Prophet Muhammad
  • wealth management