How to Increase Barakah in Your Wealth

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As Muslims, acquiring wealth is a permissible act as long as it is done through halal means and does not become the sole focus of our lives, overshadowing the importance of the afterlife. The Prophet's (pbuh) companions, such as Abu Bakr and Uthman (ra), were incredibly wealthy, yet they remained devout and charitable. By following their example and adhering to Islamic principles, we can ensure that our wealth is a blessing rather than a source of arrogance or selfishness. Here are four essential tips to increase barakah in your wealth:

1. Give Sadaqah

Giving charity (Sadaqah) is a powerful way to increase barakah in your wealth. Allah promises in the Quran:

"Indeed, the men who practice charity and the women who practice charity and [they who] have loaned Allah a goodly loan – it will be multiplied for them, and they will have a noble reward." (Al Hadeed 57:18)

"Who is it that would loan Allah a goodly loan so He may multiply it for him many times over? And it is Allah who withholds and grants abundance, and to Him, you will be returned." (Surah Al-Baqarah, 2:245)

The Prophet (pbuh) taught us that giving Sadaqah might seem like a reduction of wealth, but in reality, it brings more blessings and increases our wealth in this world and the hereafter.

2. Avoid Riba

Riba (interest) is strictly prohibited in Islam. Allah says:

"Allah destroys interest and gives increase for charities. And Allah does not like every sinning disbeliever." (al-Baqarah 2:276)

Riba creates social inequality by making the rich richer and the poor poorer. It is crucial to avoid any form of interest to ensure that your earnings are halal and blessed.

3. Avoid an Extravagant Lifestyle

Islam discourages extravagance and wastefulness. Allah commands:

"And eat and drink, but waste not in extravagance. Certainly He (Allah) likes not those who waste in extravagance." (Qur’an 7:31)

Extravagance (Israf) and wastefulness (Tabdhir) are prohibited. Muslims are encouraged to spend their excess wealth in helping the poor and supporting humanitarian causes, which brings barakah and benefits the entire community.

4. Strengthening the Ties of Kinship

Maintaining good relationships with family and relatives (Silat-ur-Rahim) is highly emphasized in Islam. The Prophet Muhammad (pbuh) said:

"Whosoever fears his Lord and restores relations, his life will be lengthened, his wealth expanded, and his family will love him." (Imam Al-Bukhari)

Anas ibn Malik (RA) narrated that the Prophet (pbuh) said:

"Whoever loves that he would be granted more sustenance and that his life span would be prolonged, then he should unite his ties of kinship." (Bukhari & Muslim)

By being kind and maintaining positive relationships with our family, we can attract more blessings and prosperity.

Conclusion

True wealth is not merely having an abundance of material possessions but having self-contentment and peace of mind. Ensuring that your income is halal and in alignment with Islamic principles is crucial. At Halal Investment, we help you invest in a halal way, ensuring that your earnings are pure and blessed. Upholding your faith in your investments will bring peace of mind and increase barakah in your wealth. Join us at Halal Investment to explore halal investment opportunities and grow your wealth in a blessed manner.