All perfect praise be to Allaah, The Lord of the Worlds. I testify that there is none worthy of worship except Allaah, and that Muhammad is His slave and Messenger. We ask Allaah to exalt his mention as well as that of his family and all his companions.
Charity does not reduce wealth. Because it gives blessings to your wealth. And it gives return that better than wealth.
In a hadith from Abu Hurairah (may Allah blesses him), that the Messenger of Allah (ﷺ) says,
مَا نَقَصَتْ صَدَقَةٌ مِنْ مَالٍ وَمَا زَادَ اللَّهُ عَبْدًا بِعَفْوٍ إِلاَّ عِزًّا وَمَا تَوَاضَعَ أَحَدٌ لِلَّهِ إِلاَّ رَفَعَهُ اللَّهُ
“Charity does not decrease wealth, no one forgives another but that Allah increases his honor, and no one humbles himself for the sake of Allah but that Allah raises his status” [Saheeh Muslim]
An Nawawi explains this hadits:
“The scholars say that what is meant here includes 2 things: First, means that his property is blessed and protected from harm. So the reduction of property (after charity) to be ‘even’ covered by an abstract blessing. This can be felt by the senses and habits. Second, if physically his wealth decreasing, then the reduction is ‘even’ covered by the reward from Allah obtained, and this reward is multiplied until it is many times over”.
"Allaah said: 'O son of Aadam! Spend, I will spend on you." [Al-Bukhari] The Prophet sallallaahu `alayhi wa sallam ( may Allaah exalt his mention ) also said: "There is not a day in which the obedient slaves rise in the morning except that two angels descend, and one of them says: 'O Allaah! Compensate the one who spends.' The other angel says: 'O Allaah! Destroy the wealth of the one who is niggardly."
[Al-Bukhari and Muslim]
Of course, this does not mean that a person has to give away all of his money. But one has to be as Allaah says: (interpretation of the meaning): {And do not make your hand [as] chained to your neck or extend it completely and [thereby] become blamed and insolvent.}[17:29]. Ibn Katheer said regarding the above verse: ‘It means not to be avaricious, and not to be a spendthrift thereupon spending above your ability”. A Muslim has to be moderate in spending, he has to give his wife and family their right and give the poor their right.
Allaah knows best.
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