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Importance of Charity
On the Authority of Abu Huraira (R.A.), Allah's Messenger (S.A.W.) said,
"Allah said, Spend (on charity), O son of Adam, and I shall spend on you."
(Sahih Al-Bukhari: 5352)
This Hadith teaches us that everything we spend in charity; Allah will replace it with the reward of multiple times for a believer on the day of judgment, Angels supplicates for a person who spend in charity in the name of Allah and curses misers, Allah removes fear and grief for a person who spend in charity. The true meaning of this Hadith can also be understand by the following Verses of Quran and Hadith.
The likeness of those who spend their wealth in the Way of Allah, is as the likeness of a grain (of corn); it grows seven ears, and each ear has a hundred grains. Allah gives manifold increase to whom He pleases. And Allah is All-Sufficient for His creatures' needs, All-Knower.(Surah Al-Baqarah 2:261)