In Islam, financial dealings are considered an integral part of a Muslim’s life and are governed by ethical and spiritual principles set out in the Qur'an.

Wealth is not seen as inherently good or bad, but as a trust (amanah) from Allah that must be managed responsibly. Muslims are reminded that they will be held accountable for how they earn, spend, and distribute their wealth. The Qur’an encourages believers to seek lawful (halal) income and avoid dishonest or exploitative means.

The Qur’an explicitly instructs Muslims to engage in fair trade and uphold justice in all financial transactions. Surah Al-Baqarah (2:282) provides one of the longest verses in the Qur’an, detailing the importance of written contracts and witnesses in business dealings, emphasising transparency and trust. Hoarding wealth without fulfilling social obligations is discouraged; and Surah At-Tawbah (9:34) warns those who accumulate gold and silver but do not spend it in the way of Allah that they will face severe consequences.

One of the foundational financial obligations in Islam is the giving of zakat, a compulsory almsgiving that purifies one's wealth and supports the poor, orphans, and others in need. As stated in Surah At-Tawbah (9:103), “Take from their wealth a charity by which you purify them and cause them increase.” Zakat not only redistributes wealth but also fosters social harmony and a sense of collective responsibility within the Muslim community.

Furthermore, the Qur’an strongly prohibits interest (riba), considering it exploitative and unjust. In Surah Al-Baqarah (2:275–279), engaging in riba is condemned, and believers are instructed to avoid it entirely. The prohibition is rooted in the principle that wealth should be earned through effort and trade, not through taking advantage of another's hardship. Islamic financial ethics, therefore, promote fairness, compassion, and a balance between personal gain and social welfare.

Overall, Islam teaches that financial activity should align with moral and spiritual values. By earning honestly, spending wisely, avoiding exploitation, and supporting the less fortunate, Muslims contribute to a just and compassionate society, reflecting the broader objectives of Shari’ah: to preserve faith, life, intellect, lineage, and wealth.