• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

outline muslim teachings on wealth and poverty

Extracts from this document...

Introduction

"Outline Muslims teachings on wealth and poverty." In this coursework I will be outlining Muslim teachings on wealth and poverty; what wealth means to Muslims, wealth as a test of abstaining from its temptations, the obligations on Muslims concerning wealth and the trust contained in wealth. I hope it gives you a clear insight into these things. A major principle in Islam is that wealth should be earned lawfully. Lawful earnings means to earn wealth according to the lawful ways that Allah and His Messenger (p.b.u.h) have set out, for us to follow. Allah has forbidden all unlawful means of money investment such as Riba (usury/interest), false deals, gambling, lottery etc. if this money is used to go to Hajj or pay money to charity Allah will not accept it and reward will not be given. Examples of Lawful means are: Trade of non-prohibited items and labour work. Everyone will be asked on the Day of Judgement how they earned their wealth so we must abide by Hadith and Quran. "Those who give of their goods by night and by day, in secret and in public, have their reward with their Lord; and them shall be no fear, nor shall they grieve. But those who eat usury will not stand, except as one whom the Evil One has touched and driven to madness. ...read more.

Middle

"It is He who has made you Khalifahs of the earth" (6:165) It has been commanded by Allah to share this wealth with others and we should do so as this wealth does not actually belong to us. Also it is obligatory on every Muslim to give Zakat as it is the third pillar of Islam, Zakat is the given of a set proportion of one's wealth to charity. It is regarded as a type of worship and purification of oneself and his wealth. It is not charitable gifts given due to kindness but it is the actual giving of 2.5% of one's wealth (cash, gold, silver and commercial items ONLY, rates vary depending on the item of wealth) each year in charity. It is a duty to help Muslims in need. This wealth does not actually belong to us but it belongs to Allah so we have this duty to share it. It is said in the Quran: "Zakah is for the poor, and the needy and those who are employed to administer and collect it, and the new converts, and for those who are in bondage, and in debt and service for the cause of Allah, and for the wayfarers, a duty ordained by Allah, and Allah is the All-Knowing, the Wise" (9:60) ...read more.

Conclusion

Wealth is very important to Muslims, because firstly Muslims believe wealth should be earned by lawful means (to earn wealth according to the lawful ways that Allah and His Messenger (s.a.w) have set out, for us to follow) and not by unlawful means otherwise it will be a major sin. Secondly, Muslims believe wealth is a test, Allah is the true owner of all wealth, since it is not ours it is a duty upon Muslims to share the wealth and not to be tempted to waste it on idle things. Thirdly, Muslims believe wealth is a trust, because this wealth was given by Allah as a trust and it will be a major sin if one betrays this trust by not spending it properly and not sharing this wealth and as Khalifahs (Trustees) it is a job of ours to do so. Fourthly, it is an obligation on all Muslims to pay Zakah, as before the wealth it not ours so it should be shared, whosoever does not pay Zakah is committing a great sin because Zakah is regarded as the third pillar of Islam. Fifthly, Sadaqah, which is a voluntary, ongoing charity and can be given in addition to Zakah, Sadaqah can be done in many different ways e.g. removing something harmful from the path of another person. These are all teachings mentioned in the Quran and Hadith so it important for Muslims to realise the virtues and the sins in all of these. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Charities, Poverty and Development section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE Charities, Poverty and Development essays

  1. Free essay

    christian teachings on wealth and poverty

    Jesus always helped the poor by giving them tools, money and food and this is shown in (matthew5: 42) "give to anyone that asks you and don't turn away from the one who wants to borrow from you". Christians are taught to always help the poor and share their wealth

  2. Describe Jewish Teachings About The Right Use Of Money.

    Another major Jewish charity is Tzedek. It was founded in 1990 and was inspired by the idea that Jews should be a 'light to the world' and should work to make the world a better place. It works with some of the world's poorest people, regardless of their race or religion and aims to help them become self sufficient.

  1. I shall be analysing different teachings from different religions on wealth and Poverty, which ...

    Explain why there is a need for world development. The Need for World Development There is an urgent and important need for world development because of the suffering and discomfort of innocent and vulnerable people.

  2. Poverty and Wealth: a Christian Perspective.

    In essence then, wealth is created by man adding his skill and labor to natural and inherited resources. How we address and answer these questions is very much a question of our ethics and values. There is a moral and ethical antecedent to these questions.

  1. Outline Christian and Jewish teachings on wealth and poverty.

    It is not wrong in Judaism to be rich, but the money earned must have been earned correctly, by keeping mitzvoth.

  2. Fair trade

    stool", putting a sheet on the table, and organising where each fair trade product should be placed which the a sticker saying the price that is given. Cathrine was responsible make the price list and getting the products from the local supermarket with Mr Bailey with the �30 given from the school.

  1. Religious teachings on wealth and poverty

    Wealthy Christian people who do not do this are most likely to find them selves in hell, because they only think for themselves. "When you did not do it for other people you did not do it for me." (Luke 10:25-37).

  2. The poor have a very special place in Jesus life and teachings, as ...

    It raises money through fund-raising events, donations, and collections. Most of Christian Aid s work is in development. They believe that the best way to do this is by helping people to help themselves. This motto supports more dignified ways to help people rather than just giving them handouts.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work