Assalaamualaikum,
I'm new so be nice.
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1)
Let's assume I give Zakaat and money to family members. What I wanted to know was certain rules in Islam regarding spending money. For instance if I wanted to buy a watch should the amount I spend be dependent on:
a) A percentage of how much money I make.
b) What I need i.e I don't need a sportscar.
c) What's considered expensive in the times that you live (e.g. houses in London are much more expensive than they used to be)
The reason I ask is there are certain things I want to buy. Perfumes, quality clothes and a watch. I wanted to buy a (middle-range) watch that costs about £300 but it is made to a high standard with good materials and is automatic... that means it's mechanical and if serviced can work for decades unlike a cheaper Quartz watch that will last a few year.
I think there was a hadith saying that it's not being extravagant if you spend a 1/3 of your income on perfume. Please let me know if there is something like that.
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2)
A lot of people save up their money just because in this day and age it's a sensible thing to do. What did Prophet Mohammad (PBUH) used to do? Are there hadiths for this?
===================================================================================================
===================================================================================================
I'm new so be nice.
===================================================================================================
===================================================================================================
1)
Let's assume I give Zakaat and money to family members. What I wanted to know was certain rules in Islam regarding spending money. For instance if I wanted to buy a watch should the amount I spend be dependent on:
a) A percentage of how much money I make.
b) What I need i.e I don't need a sportscar.
c) What's considered expensive in the times that you live (e.g. houses in London are much more expensive than they used to be)
The reason I ask is there are certain things I want to buy. Perfumes, quality clothes and a watch. I wanted to buy a (middle-range) watch that costs about £300 but it is made to a high standard with good materials and is automatic... that means it's mechanical and if serviced can work for decades unlike a cheaper Quartz watch that will last a few year.
I think there was a hadith saying that it's not being extravagant if you spend a 1/3 of your income on perfume. Please let me know if there is something like that.
===================================================================================================
===================================================================================================
2)
A lot of people save up their money just because in this day and age it's a sensible thing to do. What did Prophet Mohammad (PBUH) used to do? Are there hadiths for this?
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