The Holy Quran 17:29 — Surah Al-Isra

Arabic text

وَلَا تَجْعَلْ يَدَكَ مَغْلُولَةً إِلَىٰ عُنُقِكَ وَلَا تَبْسُطْهَا كُلَّ ٱلْبَسْطِ فَتَقْعُدَ مَلُومًا مَّحْسُورًا

Translation

Do not keep your hand fastened to your neck (do not be stingy with your wealth), nor spread it wide open (do not spend so excessively that you are left in poverty), otherwise you will sit reproached and empty handed. (Moderation in spending is therefore essential.)

Tafsir (excerpt) — Tafsir Usmani

Moderation in spending: that is, [otherwise] everyone will reproach you, saying that you are a miser and a skinflint, or else, “Why did he give so much that he himself was left in need?” In short, in every matter the middle course and moderation should be observed: one should neither draw the hand back so tightly that it sticks to the neck, nor show such…

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