Sayyiduna Abu Huraira (may Allah be pleased with him) narrates: The Prophet Muhammad (peace and blessings be upon him) said: "The example of the one who spends on a horse is like that of a person who holds something in his hand to give in charity." The narrator says: We asked Mu'ammar: What is meant by holding charity in the hand? He replied: It means that he gives charity with his hand.