Fatwa #336230 June 2001Pakistan

Am I commiting a sin by saving money?

Question

As Salaam Alaikum I have saved some money for no particular reason.I may buy some dollars from it or spend it on my room Also there is some other money which I have saved so that I can give it to the poor or spend it on the way of Allah and I am soon going to give to some people, you can say that it is sadaqa.Can you please advice me that the money that I am saving for no particular reason is a sin or not? Jazakallahu Khairan

Answer

Wealth is a great Ni'mat (blessing of Allah Ta'ala. It is not prohibited to
save your money and use it as required within the confines of Shari'ah.

and Allah Ta'ala Knows Best

Mufti Ebrahim Desai
FATWA DEPT.

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