ISLAM AND THE WEST - 126
ISRAAF (SPENDTHRIFTINESS, HABIT OF SPENDING EXTRAVAGANTLY)
(Just like Bukhl, there are three degrees of Israaf.
The first is that the person has a desire to spend unnecessarily but curbs that desire and spends only where it is necessary to spend money.
The second degree is spending extravagantly but not on activities which are sinful in themselves or where it is wasteful to spend.
The third degree is that a person spends money on sinful activities, or spending so much money on unnecessary activities or items that his own dependents get into financial difficulties and become destitute, or spends so much that he then needs to resort to acquiring money through Haraam means.)
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