The economy of pre-Islamic Arabia was very sluggish. Poverty, hunger and pain were their constant companions. In a span of just a few years, Prophet Muhammad (pbuh) paved the way for financial prosperity in Arab lands. At only 23 years of Prophethood, he was able to bring smiles to the faces of poverty-stricken people.
Various formulas and methods of poverty alleviation and financial prosperity of that time have been described in hadiths and history books. Below are some formulas for poverty alleviation and financial prosperity –
Mutual Cooperation: There is no substitute for mutual cooperation in poverty alleviation. During the first period of Hijrah, the financial crisis of the Companions of the Muhajir was extreme. Just then the role of cooperation of the beloved Ansar companions of the Prophet (PBUH) was commendable and exemplary. The famous Companion Abu Huraira (R.A.) has given a picture of cooperation at that time, ‘Once the Companions of the Ansar said to the Prophet (S.A.W.), divide the date garden between us and our brothers (Muhajirs). The Prophet (PBUH) said, No. Then they (to the emigrants) said, “Work in our garden, we will share the fruits with you.” They said, we heard and accepted. (Bukhari, Hadith: 2325)
Patience in financial crisis: Allah Ta’ala afflicts His servants with various times of danger, financial crisis and calamities. However, this danger does not always fall in the form of torment and punishment; Rather, sometimes the servant’s faith and patience are tested. Then those who put their full trust in Allah and persevere, Allah gives them a good reward. It is said, ‘Surely I will test you with some fear and hunger, loss of wealth and loss of life and loss of crops. And give glad tidings to the patient. (Surah: Baqarah, verse: 155)
Maintaining Kinship Relationships: Maintaining good relationships with relatives is an important approach to financial well-being and poverty alleviation. On the authority of Anas bin Malik (RA), he said, I heard Allah’s Messenger (PBUH) say, “Whoever wishes for his livelihood to increase or his reputation after his death, should treat his relatives well.” (Bukhari, Hadith: 2067)
Timely payment of Zakat: The main and main purpose of Zakat is poverty alleviation. For those who do not have the ability or ability and opportunity to acquire wealth, nor have the opportunity to receive from their predecessors what is necessary for life, Allah has determined the wealth of the rich. For those who do not pay it, there is a severe punishment. Rasul (pbuh) said, …By the One in Whose hand is my life! Whoever dies leaving behind such camels or cows, whose zakat he has not paid, on the Day of Resurrection they will come to him fatter than before and will trample him with their hooves and gouge him with their horns. After all the last beasts are gone, the first beast will return. This course of punishment will continue until the complete judgment of man is completed. (Tirmidhi, Hadith: 617)
Quick collection of dowry : By means of dowry, the wife is able to get a share of her husband’s wealth during his lifetime. As a result, especially women who are abused and deprived in the society can also become self-reliant by getting a fair dowry. In explaining the importance of the seal, the Messenger of Allah (PBUH) once said to a poor companion who was seeking marriage, ‘Go, search the house, and see if you can find even an iron ring!’ (Bukhari, Hadith: 5135)
Saying no to interest: Narrated by Jaber (RA), Rasulullah (SAW) cursed the usurer, the payer of interest, the writer of the document of interest and the two witnesses of interest. (Ibn Majah, Hadith: 2277)
Seek refuge from poverty: Recite the following dua more and more to escape from the clutches of poverty.
Pronunciation: ‘Allahumma inni aujubika minal kufri wal fakri. ‘
Meaning: ‘O Allah, I seek refuge in You from disbelief and poverty. (Abu Dawud, Hadith: 5090)
May Allah grant us Tawfiq to protect our precious faith.