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Upon the authority of Abu Hurairah –
Radhiyallahu anhu – who said:
“We were walking with the Messenger of Allah – Sallallahu ‘Alaihi Was Salam – in a garden in Madina when he said: “Oh Abaa Hurairah” so i responded “I am here at your service Oh Messenger of Allah! so he said: “Indeed those who indulge much (in the life of this world) they will have the least (on the day of Judgement) except one that who does like this and this with his wealth” and he gestured with his hand to the left and the right (i.e that he gives his wealth to the left and to the right) “and they indeed are few” then he said: “Oh Abaa Hurairah Should i not indicate to you a treasure from the treasures of Jannah?” so i said: “Certainly Oh Messenger of Allah!” he said:”You should say: “Laa Haula Wa Laa Quwwata ilaa Billah wa Laa Malja’a wa laa manjaa illaa ilaihi” (There is no ability to turn from disobedience nor power to carry out acts of obedience except with Allah. And there is no one protection from evil is sought from, nor one that grants salvation except Him.). Then he said “Oh Abaa Hurairah! Do you know what the right of Allah upon his servants is and his servants right upon Allah?” So i said: “Allah and his Messenger know best” He said: “The right of Allah upon his servant is that they worship him and do not ascribe partners with him, and the servants right upon Allah is that he will not punish one who does not acsribe partners with him”
(Collected by Al Haakim in his ‘Mustadrak’ and declared ‘Saheeh’ by Shaikh Al Albaani in Saheeh Targheeb 3261 and As Saheehah: 1766)
Translated by Abu Hakeem Bilal Davis
Taken from: https://ah-sp.com/2011/12/20/laa-haula-wa-laa-quwwata-illaa-billah/