The Art of Islamic Banking and Finance: Tools and Techniques for Community-Based Banking

&God knows all things

2:270 and if you spend or promise to spend in the way of God, He

knows all and those who transgress and practice injustice by not

fulfilling their promises have no one to support them.

&Charity to help the poor can be done in public, but it is better to be

done in secret

2:271 If you give charity and declare it in public, that is acceptable,

but if you give it in secrecy and give it to the poor, it is better for

you, and He almighty will forgive you your misdeeds in return, and

He Almighty is the one who Knows what you do.

30: 38 and give your kin their rights, the poor and way-

farer. This is a better way of living for those who seek God’s accep-

tance, and those are the real winners, and

&Riba cannot be charged when you lend to the poor

30:39 that which you lay out for increase through the property of

(other) people will have no increase with God. But that which ye

lay out for charity, seeking the Countenance of God, [will in-

crease]: it is these who will get a recompense multiplied.

&A Muslim should help the poor, regardless of whether they are Muslim

or non-Muslim

2:272 you are not expected to influence them to be guided to the

righteous path [addressing the Prophet Muhammad], but indeed

the Almighty guides whomsoever He will and chooses to, and

whatever you spend in goodness will be for your own sake and ben-

efit and will be rewarded back to you, and you will never be treated

unjustly.

&The poor and needy must be treated with respect and dignity.Those

who give should not judge the needs by appearance. It is their duty to

search for those who are poor and needy but do not show it. God

knows all things, and God will reward those who help the poor and

needy:

2:273 for the poor who were trapped by their poverty and those

who know can recognize them by their sincere attitude. They are

The Faith-Based Judeo-Christian-Islamic Foundation 33