Surah Al-Isra — Ayah 29 (17:29)

English translation (Saheeh International)

And do not make your hand [as] chained to your neck¹ or extend it completely² and [thereby] become blamed and insolvent.

1. i.e., refusing to spend.
2. i.e., being extravagant.

Brief commentary

Do not withhold your hand from spending, and do not be wasteful when spending, if you do, you will be blameful amongst the people for your miserliness, or you will become uable to spend due to your extravagant expenditure.