In the Qur’an, Almighty Allah has revealed there are certain matters that may bind people very passionately to this world, and warns that they will be tested through them. One of the subjects Almighty Allah reveals people may be tested with in this world is the love of possessions. Having possessions is certainly compatible with Qur’anic moral values and is the perfect right of all Muslims. But the danger described by Allah in the Qur’an is a person squatting on all those goods and possessions that in fact belong to Allah, thus failing to help the needy, and becoming attached to the life of this world as that wealth accumulates. This love that people who do not live by Qur’anic moral values feel for possessions turns into a sickness that binds them to this world as a result of goods not being used and money not being spent. Because they become devoted to it with a desire to increase these assets and wealth. That desire then persists as a passion right up until they die. Allah reveals this in a verse from the Qur’an: “Fierce competition for this world distracted you until you went down to the graves.” (Sura at-Takathur, 1-2)
“Here you are then: people who are called upon to spend in the Way of Allah and then some of you are tight-fisted. But whoever is tight-fisted is only tight-fisted to himself. Allah is Rich and you are poor…” (Surah Muhammed, 38)
Someone who amasses many assets and appears to own a great many possessions actually possesses things entrusted to him by Almighty Allah. Because Almighty Allah is the sole Lord of all the goods and assets in the universe, and He gives as much of this to whoever He so wishes, and for as long as He so wishes. In those terms, there is no rhyme nor is reason in anyone being parsimonious. In addition, if our Lord so wishes, He can entirely take away everything a person has accumulated. The way that someone’s property can turn into a pile of ruins in a natural disaster is the clearest example of this. The example of this cited in the Qur’an is Qarun. His wealth is revealed in the verse “…We gave him treasures, the keys alone to which were a heavy weight for a party of strong men...” (Surat al-Qasas, 76) But because he grew proud and was mean, “We caused the earth to swallow up both him and his house. There was no group to come to his aid, besides Allah, and he was not someone who is helped.” (Surat al-Qasas, 81) This shows that Qarun’s wealth and property availed him nothing in the face of the power of Almighty Allah, and that he eventually lost the whole world. Those who are parsimonious with the goods of this world bestowed on them by Allah will only realize their error with disasters visited on them by Him. If they continue in their heedlessness despite these disasters, then this will lead them to Hell, a place filled with the eternal suffering of Allah. “Who has amassed wealth and hoarded it! He thinks his wealth will make him live for ever. No indeed! He will be flung into the Shatterer. And what will convey to you what the Shatterer is? The kindled Fire of Allah.” (Surat al-Humaza, 2-6)
People who do not believe always evaluate criteria in this world in terms of cause and effect. They imagine that they will become even wealthier if they hide their possessions away and never share them with anyone. But things are not as they imagine. Because, as a miracle revealed in the Qur’an by Almighty Allah, Allah increases the assets of those believers who spend on His path and give alms, and bestows abundance on them. Since believers’ true hope is the Hereafter, they do not expect the reward for giving away assets in this world. But as a blessing from His presence, Almighty Allah bestows the recompense for this observance performed with a pure heart in the form of plenty and abundance in this world. Allah provides an example of this in the Qur’an: “The metaphor of those who spend their wealth, desiring the pleasure of Allah and firmness for themselves, is that of a garden on a hillside. When heavy rain falls on it, it doubles its produce; and if heavy rain does not fall, there is dew...” (Surat al-Baqara, 265)
“Those who spend their wealth in the Way of Allah, and then do not follow what they have spent by demands for gratitude or insulting words will have their reward with their Lord. They will feel no fear and will know no sorrow.” (Surat al-Baqara, 262)
As manifested by His name of al-Ghani, Allah is the All-Rich. That is why it is a grave error for people to fear poverty because of satan’s promptings or to parsimoniously cling onto all they possess. Because, as revealed in the verse "Every self will taste death…" (Surat al-Ankabut, 57), everyone will one day die and will be able to take nothing with them from this world, not even their own bodies. Amassing possessions in order to satisfy their own earthly desires will therefore benefit nobody. Because everyone will have to give account to Allah, alone and in His presence; everyone will be asked about their fear of Allah, and wealth and possessions in this world will serve them nothing. This is revealed in another verse of the Qur’an: “As for those who are disbelievers, their wealth and children will not help them against Allah in any way. They are the Companions of the Fire remaining in it timelessly, for ever.” (Surah Al-‘Imran, 116)
“Satan promises you poverty and commands you to avarice. Allah promises you forgiveness from Him and abundance. Allah is All-Encompassing, All-Knowing.” (Surat al-Baqara, 268)
“Metaphor of those who spend their wealth in the Way of Allah is that of a grain which produces seven ears; in every ear there are a hundred grains. Allah gives such multiplied increase to whoever He wills...” (Surat al-Baqara, 261)