Moderate Spending
\r\n Al-Isra (The Night Journey) - Chapter 17: Verse 29
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"Do not be miserly, allowing your hand to remain shackled to your neck, nor stretch it out fully to the utmost limit, lest you find yourself being blamed or reduced to destitution."
The Quran orders moderation in all spending. Striking a proper balance is the Islamic rule. To move to either extreme leads to imbalance. The verse employs subtle imagery to enhance the intended meaning. It paints miserliness as a hand tied up to one's neck, while a spendthrift is shown as one with hands stretched out completely, unable to hold on to anything. The end of miserliness and the end of squander is drawn as a person sitting down, facing blame, powerless. It implies a position of weakness like that which makes an animal refuse to move. This applies to the miserly person whose miserliness weakens him to the point of inaction, and to the spendthrift who finds himself deprived of all power. Both are blamed in the end, one for stinginess, the other for squandering. The best attitude is a middle of the road one, tilting neither towards a tight fist nor towards careless extravagance.
\r\nCompiled From:
\r\n "In The Shade of The Quran" - Sayyid Qutb, Vol. 11, p. 122