Sayyiduna Abu Kabsha (may Allah be pleased with him), who is a companion of the Noble Prophet (peace and blessings be upon him), narrates this statement of the Noble Prophet (peace and blessings be upon him): "Goodness has been placed in the forelocks of horses until the Day of Resurrection, and their owners are helped, and the example of the one who spends on a horse is like that of a person who extends his hand to give charity."
Hadith Referenceصحیح ابن حبان / كتاب السير / 4674
Hadith Gradingفضيلة الشيخ الإمام محمد ناصر الدين الألبانيصحيح - «التعليق الرغيب» (2/ 160).فضيلة الشيخ العلّامة شُعيب الأرناؤوطإسناده صحيح