SHAFAQNA – There are various holy verses in the Quran and narrations which refer to the important issue of the charity and its effects on the society and those who engage in charitable deeds. For example, it is narrated from the Prophet of Islam (PBUH) who said: The whole earth is covered with fire on the Day of Judgment except the parasol of the believer, because the charity of the believer will cover him/her in its shadow .
Imam Sadeq (AS) said: Spend from your wealth in the way of Allah (SWT) and be certain that whatever you spend will be compensated (by God) . In another narration, Imam Sadeq (AS) said: The one who is granted wealth by God and does not spend any of it in the way of charity is away from mercy of God .
A person should spend from his/her wealth in charitable deeds in order to be saved from some bad events in life. For instance, one bad effect of ignoring charity is mentioned in a narration from the Prophet of Islam (PBUH) who said: The one who deliberately refuses to spend for good people, his/her wealth will be spent for bad people .
Of course, one should not be extravagant even in charitable acts, as Allah (SWT) told the Prophet (PBUH) in Ayah 29 of Surah Al-Isra: Make not thy hands tied (like a niggard’s) to thy neck, nor stretch it forth to its utmost reach, so that thou become blameworthy and destitute.
 Kafi, Vol. 4, Page 3, Baab Fazlul Sadaqah, Hadith 6; Tawabul A’amaal, Page 140; Beharul Anwaar, Vol. 7, Page 291, Baab 15, Hadith 2.
 Jame’ul Akhbar, Page 178, Alfasl Alhadi wal Arba’oun; Beharul Anwaar, Vol. 93, Page 130, Baab 14, Hadith 57.
 Wasa’elul Shia, Vol. 16, Page 280, Baab 41, Hadith 21555.
 Hedayatul Elm, Page 70.