LET'S AVOID THE BANKRUPTCY
The Prophet Muhammad (peace be upon him) asked one group of his companions, “Do you know who the bankrupt person is?”
They said, “A bankrupt person amongst us is the one who has neither money nor property.”
The Prophet (pbuh) said, “The bankrupt person of my nation is he who would come on the Day of Resurrection with prayer and fast and giving great amounts in charity. And at the same time, he would come having abused this one, and slandered that one, and consumed the wealth of the other unlawfully, and shed the blood of yet others and having beaten others. Then any person whom he has wronged will be given from his good deeds on that Day. And if his good deeds are exhausted until he clears the account concerning all of the people he has oppressed, the sins of those people whom he has wronged will be thrown unto his account and after that, he will be thrown into the hellfire.” (Muslim)
The Messenger of Allah (pbuh) in the revolutionary hadith I quoted above, redefined the meaning of bankruptcy. On the Day of Judgment, every human being will be weighed by criteria that have nothing to do with finances.
If you have abused another human being with your tongue or your hands, then you're on the road to bankruptcy. If you’ve committed gheebah (backbiting) by mocking or criticizing someone in his absence, or if you’ve lied, or broken promises without cause, then you're dumping your good deeds down the drain.
If you have stolen someone’s wealth, then you are making yourself destitute.
If you have shed someone’s blood without cause, or beaten someone, then you have made yourself a penniless wretch.
If you have done all of these things, then it doesn’t matter if you pray and fast and give sadaqah, you are bankrupt, bankrupt, bankrupt. You're spiritually void. You are given all your good deeds away and replaced them with evil, and you are utterly destitute.
To be honest, I have done all of these things at some point in life, so I have much to fear, and I have not avoided bankruptcy at all, even if my wallet is full of money and my bank account is flush.
Things are not always as they seem, brothers and sisters. The eyes of the world deceive us.
Fear the true bankruptcy, the kind that dooms you before Allah! If you want to avoid that bankruptcy, and come before Allah as a rich man or woman, then prayer, fasting and charity are only the start. Abuse no one, backbite no one, insult no one, hurt no one, strike no one. Steal from no one, take advantage of no one.
Instead, be kind, and speak to people gently; be fair in everything, stand up for justice, and tell the truth. Act with love. Let Allah be your guide, and the Messenger of Allah (pbuh) your example.
Do this and you will be richer than any king or queen of this world.