The Prophet (ﷺ) said: Sadaqah may not be given to rich man, with the exception of five classes: One who fights in Allah's path, or who collects it, or a debtor, or a man who buys it with his money, or a man who has a poor neighbour who has been given sadaqah and gives a present to the rich man.
Reference: Sunan Abi Dawud 1635 In-book : Book 9, Hadith 80 English translation : Book 9, Hadith 1631
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