Surah Al – Hadid, 57:11
مَن ذَا الَّذِي يُقْرِضُ اللَّهَ قَرْضًا حَسَنًا فَيُضَاعِفَهُ لَهُ وَلَهُ أَجْرٌ كَرِيمٌ
Man-zal-lazii yuqrizul-laaha Qarzan Hasanan-fayuzaa-‘ifahuu lahuu wa lahuuu ’ajrun-kariim.
11. Who is it that will offer up unto God a goodly loan, which He will amply repay?For, such (as do so) shall have a noble reward.
The goodly loan to God is charity i.e. spending of the wealth in God’s way. It is bound by the following conditions for its acceptance:
• that which is given away or spent in the way of the Lord must have been well-earned i.e. through lawful means.
• the thing given must be defectless.
• that which is given, must be needed by the giver for himself and not the stuff not needed by the giver.
• not that which is given away at the point of death when the giver would not need it any longer.
• it must be given without publicity.
• it must be given to the one who needs it the most.
• when given away no obligation or even mention of it should be made and the receiver in no way should be troubled thereafter.
• the offer must be exclusively and purely, to please God and not for any hypocritical show, name or fame.
• that which is given, even though it be much in quantity, the giver should consider it to be less and insignificant.
• what is given away should be dear to the giver.