Hadith 2760

حَدَّثَنَا عِمْرَانُ بْنُ مُوسَى اللَّيْثِيُّ ، حَدَّثَنَا حَمَّادُ بْنُ زَيْدٍ ، حَدَّثَنَا أَيُّوبُ ، عَنْ أَبِي قِلَابَةَ ، عَنْ أَبِي أَسْمَاءَ ، عَنْ ثَوْبَانَ ، قَالَ : قَالَ رَسُولُ اللَّهِ صَلَّى اللَّهُ عَلَيْهِ وَسَلَّمَ : " أَفْضَلُ دِينَارٍ يُنْفِقُهُ الرَّجُلُ دِينَارٌ يُنْفِقُهُ عَلَى عِيَالِهِ ، وَدِينَارٌ يُنْفِقُهُ عَلَى فَرَسٍ فِي سَبِيلِ اللَّهِ ، وَدِينَارٌ يُنْفِقُهُ الرَّجُلُ عَلَى أَصْحَابِهِ فِي سَبِيلِ اللَّهِ " .
´It was narrated from Thawban that the Messenger of Allah (ﷺ) said:` “The best Dinar that a man can spend is a Dinar that he spends on his family, a Dinar that he spends on a horse in the cause of Allah, and a Dinar that a man spends on his companions in the cause of Allah.”
Hadith Reference سنن ابن ماجه / كتاب الجهاد / 2760
Hadith Grading الألبانی: صحيح  |  زبیر علی زئی: صحيح مسلم
Hadith Takhrij «صحیح مسلم/الزکاة 12 ( 994 ) ، سنن الترمذی/البر والصلة 42 ( 1966 ) ، ( تحفة الأشراف : 2101 ) ، وقد أخرجہ : مسند احمد5/ ( 279 ، 284 ) ( صحیح ) »
Related hadith on this topic
Explanation & Benefits
Maulana Ataullah Sajid
Benefits and Issues:

➊ Spending on others in relation to oneself is a cause of greater reward.

➋ Fulfilling the necessary expenses of wife and children is obligatory. Spending beyond reasonable limits falls under extravagance, which is not a good habit. Spending on unlawful purposes or giving to wife and children for such expenses is a sin.

➌ Whatever is spent for acquiring items used in jihad and for keeping them in proper condition is also included among the most virtuous expenditures.

➍ During jihad, one should be mindful of each other's needs. At such times, spending on one's companions is also an act of jihad and a cause of great reward.
Source: Commentary on Sunan Ibn Mājah by Mawlānā ‘Atā’ullāh Sājid, Page: 2760