Sayyiduna Abdullah bin Mas'ud (may Allah be pleased with him) narrates that the Noble Prophet (peace and blessings be upon him) said: "Whoever does not pay the zakat of his wealth, then on the Day of Resurrection his wealth will be turned into a bald snake and it will be made to wear it as a collar." Then the Noble Prophet (peace and blessings be upon him) recited this verse from the Book of Allah as its confirmation: "And those who are stingy with what Allah has given them out of His bounty, never think that it is better for them; rather, it is worse for them. That with which they were stingy will be put as a collar around their necks on the Day of Resurrection."