This study aims to shed light on the concepts of asceticism and generosity as mentioned in the Noble Prophetic Hadiths and analyze their role in wealth management from the perspective of Islamic economics. The study provides an interpretation of Islamic concepts related to asceticism and generosity, clarifying how they can be applied in the contemporary context to achieve equitable wealth distribution and promote social justice. It adopts a descriptive-analytical methodology, analyzing religious texts and reviewing relevant Prophetic Hadiths to understand the positive impact of these concepts in achieving economic and social stability. The study also seeks to highlight the contribution of Islamic economics in addressing modern economic challenges by drawing inspiration from Islamic moral values in guiding wealth management.
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