Translation of the verse 7 from Surah Al-hadid : Number of verses 29 - - page 538 - Part 27.
Believe in Allah and His Messenger (Muhammad SAW), and spend of that whereof He has made you trustees. And such of you as believe and spend (in Allah's Way), theirs will be a great reward.
Believe in Allah and His Messenger and spend out of that in which He has made you successors. For those who have believed among you and spent, there will be a great reward.
(57:7) Believe in Allah and in His Messenger *7 and expend *8 of what He has entrusted to you. *9 A great reward awaits those of you who believe and spend their wealth. *10
*7) The addressees here are not the non-Muslims, but, as is borne out by the whole subsequent discourse, the Muslims who had affirmed the Faith and joined the ranks of the believers, but were not fulfilling the demands of the Faith and conducting themselves as true believers should. It is obvious that non-Muslims cannot be invited to affirm the Faith and then immediately asked to subscribe generously to the cause of Jihad for the sake of Allah, nor can they be told that whoever would fight and spend his wealth in the cause of Allah before the victory, would attain to a higher rank than him who would perform these services later, For, when a non-Muslim is invited to the Faith, the preliminary demands of it only are presented before him and not the-ultimate once, Therefore,. in view of the context, the meaning of saying "Believe in Allah and His messenger" here would be: "O people, who profess to have affirmed the Faith and have joined the ranks of the Muslims,. believe in Allah and Messenger sincerely and conduct yourselves as the true and sincere believers should. "
*8) Here, by spending is not implied spending on public welfare, but, as is clearly borne out by the words of verse 10, it implies subscribing to the cause of the war effort that was being waged at that time under the leadership of the Holy Prophet (upon whom be Allah's peace and blessings) to uphold Islam against paganism. Two things, in particular, were such for which the Islamic Government at that time stood in great need of financial help. First, the war equipment; second, supporting and sustaining the oppressed Muslims, who, due to persecution by the disbelievers had emigrated, and were still emigrating, to Madinah from every corner of Arabia, The sincere Muslims were trying their best to render as much help as they could but meeting the entire expenses in this regard was much beyond their means and resources, and their this same spirit of sacrifice has been commended in vv. 10, 12, 18 and 19 below. But among the Muslims there were quite a number of well-to-do people, who were watching this struggle between Islam and paganism as mere spectators and had no feeling whatever that the faith they claimed to believe in imposed certain rights also on their life and wealth. This second kind of people are the addressees of this verse, They have been exhorted to believe sincerely, and to spend their wealth in the cause of Allah.
*9) This has two meanings and both are implied here. The first meaning is "The wealth that you possess is not, in fact, your personal property but has been givers to you by Allah. You are not its exclusive master and owner. Allah has given you proprietary right over it as His vicegerent. Therefore, you should have no hesitation in spending it in the service of the real Master. It is not for the vicegerent to withhold the Master's wealth from being spent for the Master's own sake.." The second: "Neither bas this wealth been with you since ever nor will it remain in your possession for ever, Yesterday it was in some other people's possession; then Allah made you their successor and entrusted it to you, A time will come when it will not remain with you but some other people will succeed you as its owners, Therefore, in this short-lived ownership, when you are its trustees, spend it in the cause of AIlah so that in the Hereafter You may be rewarded for it permanently and eternally. This same thing has been stated by the Holy Prophet (upon whom be Allah's peace) in a Hadith. Tirmidhi relates that once a goat was slaughtered in the Holy Prophet's house and its flesh was given away to the poor. When he came to the house and asked: "What remains of the goat?" Hadrat `A'ishah replied: "Nothing but a shoulder." Thereupon the Holy Prophet remarked: "Nay, the whole goat but the shoulder !" That is, "Whatever has been given away for the sake of Allah, has, in fact, been saved. " According to another Hadith, a person asked: "O Messenger of Allah, what kind of charity brings the highest reward? He replied: That you should give away a thing In charity when you are hale and hearty: when you feel it could be saved and may like to invest it in the hope of earning more. Do not wait till death when you may say: Give this to so and so and that to so and so, for at that time the wealth has in any case to pass on to so and so. "(Bukhari, Muslim). According to still another Hadith, the Holy Prophet said: "Man says: `My wealth! My wealth!' whereas his own share in his wealth is no more than what he has eaten up, or worn away, or passed on in charity? Whatever remains will leave him and will be passed on to others. " (Muslim)
*10) Here again, expending wealth in the cause of Jihad has been regarded as an essential demand of the Faith and a proof of one's sincerity in it, as if to say: "The true and sincere believer is he who does not shirk spending wealth on such an occasion."