It does not decrease your wealth

We make a living by what we get, but we make a life by what we give. Indeed, according to a study in 2010, Harvard Business School survey of happiness in 136 countries found that people who are altruistic—in this case, people who were generous financially, such as with charitable donations—were happiest overall. And in fact, we had never found someone became stressed or even frustrated and poor because of doing charity. (happify.com)

Even The Messenger of Allah ﷺ said,
❝Charity does not in any way decrease the wealth and the servant who forgives Allah adds to his respect, and the one who shows humility Allah elevates him in the estimation (of the people).❞ [Sahih Muslim]

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