Counting Wealth Beyond Coins

Credit By: ABID HUSSAIN RATHER

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• 15 Apr 2026

A heart at peace, a mind enlightened and a life of purpose remain the greatest treasures one can ever attain

In common global usage, the terms “wealth” and “poverty” are often understood as being closely linked to money and material resources. But in reality, the matter is far more complex and multifaceted. Is wealth only defined by bank balances, property and assets? Or do knowledge, character, health, abilities and social respect also count? If someone has a lot of money but no peace of mind, and another has limited means but he has utmost inner satisfaction and self-respect—who is truly rich and who is genuinely poor? This is a thought-provoking question that deserves our attention, and we need to ponder it.

In Islam, true wealth is not counted as a lot of money and other assets, but true wealth is described as the richness of the heart. The Prophet(peace be upon him) said: “True richness is the richness of the heart.” The Qur’an presents wealth as a test rather than an ultimate measure of superiority and pomposity. Religious obligations like zakat, charity and spending in the way of God remind us that wealth is a social trust and responsibility, and we are not its absolute owners.

In Christianity, a saying attributed to Jesus suggests that wealth borne arrogance and economic haughtiness distances a person from spirituality and righteousness. In Buddhism, desires are considered the root cause of suffering, so true wealth lies in controlling desires. In Hinduism, wealth (Artha) is accepted but kept subordinate to righteousness (Dharma). Thus, religions do not deny the importance of wealth, but they do not place it above morality and spirituality. All religions teach us that wealth should be treated as a source to fulfil our needs rather than being a source to satisfy all our desires blindly.

It is pertinent to mention here that standards of wealth vary across societies. In Western capitalist societies, money, power and luxurious lifestyle are often seen as signs of success, whereas in Eastern societies, family systems, social respect and education are also highly valued. According to the United Nations Development Programme, poverty is not just a lack of income but a deprivation of education, health, and quality of life. This is why the concept of “multidimensional poverty” has emerged, including factors like education, nutrition, clean water and decent housing. In this context, a person may be financially average yet rich in several human development indicators.

An important question is whether true wealth is money or capability. History is full of individuals who rose from poverty through their abilities. Names like Bill Gates and Elon Musk are often cited, but behind their success were education, opportunities and supportive environments. If a society lacks quality education and equal opportunities, talent remains suppressed. Therefore, wealth is not just individual effort but also a result of collective systems.

Government policies play a crucial role in reducing or increasing the gap between the rich and the poor. A fair tax system, equal access to education, healthcare facilities and employment opportunities can balance economic inequality. Whereas corruption, nepotism and unfair distribution of resources lead to the accumulation of wealth in a few hands. Global reports show that a large portion of the world’s wealth is concentrated among a limited group, indicating that inequality is not merely the result of individual effort or laziness but also because of structural disparities.

The distinction between lawful and unlawful wealth is also important. From an Islamic and moral perspective, lawful earnings bring blessings, whereas wealth gained through bribery, corruption and exploitation may shine temporarily but does not bring lasting respect. Rather, wealth earned through illicit and illegal means destroys peace of mind. Ignoring the difference between legal and illegal wealth leads to moral decline in society. True wealth benefits not only the individual but society as well.

Another ongoing debate is whether wealth and poverty are a result of destiny or effort. Religion acknowledges destiny but also emphasises striving and hard work. Humans are encouraged to work hard and persevere. Psychological studies show that a positive mindset and continuous efforts expand life opportunities. However, it is also true that someone raised in poverty, malnutrition and poor educational conditions faces greater challenges. Thus, destiny and effort are interconnected.

In conclusion, wealth and poverty are not determined solely by money, but their measurement has some other parameters. They are a combination of abilities, opportunities, state policies, social justice, moral values and individual efforts. Money is important, but not the only criterion for determining whether one is wealthy or poor. True wealth includes peace of heart, strength of character, light of knowledge and usefulness to society. If money exists alongside these qualities, it is a true blessing; otherwise, it is merely a number with temporary shine which fades with the passage of time.

Finally, it can be said that wealth is not what we possess but what we become through what we possess. As Ali ibn Abi Talib (RA) beautifully said, “Wealth is not in having many possessions, but in having few wants.” Likewise, Socrates wisely observed, “Contentment is natural wealth, luxury is artificial poverty.”

And in the words of Mahatma Gandhi, “The world has enough for everyone’s need, but not for everyone’s greed.” Thus, a heart at peace, a mind enlightened and a life of purpose remain the greatest treasures one can ever attain.

(The author can be reached at: rather1294@gmail.com)