Bismillah,
Assalamu'alaikum warahamtullah


Allah (swt) has bestowed us many blessings and one of the greatest blessings that we have is the blessing of time. Ibn Abbas narrated that Prophet Mohammad (PBUH) said:

"There are two blessings which many people lose: (They are) health and free time for doing good." (Bukhari 8/421)

Indeed, we displease Allah the Most High when we abuse time. We must remember that time must be spent to fulfill our very purpose in life that is to worship Allah all throughout our lives.

There are among those who believe in the popular saying as "Time is Gold." Time in Islam is more than Gold or any precious material thing in this world. Of all religions, only Islam guides mankind not only to the importance of time but also how to value it. Allah the Almighty and His Messenger, Prophet Mohammad (PBUH), very clearly tell us the value of time, why we must not waste it and how we can make use of our time wisely to increase our Eeman (Faith) and thus attain success, especially eternal success in the life hereafter.
 

Ibn Qayyim said that, wasting time is more severer than actually dying, because dying severs you from dunya and family, but by wasting time severs you from Allah (swt). Besides, many early scholars said wasting time is the sign that Allah (swt) is displeased with the person.

 

We have to make use of our time wisely by knowing more of the Qur'an and the Sunnah. We must have correct knowledge of what Allah and His Messenger Prophet Mohammad (PBUH) have commanded us to do and at the same time to refrain from what they have forbidden us. This is imperative so that we earn Allah's pleasure and reward. Allah the Exalted makes it very clear, when he says:

O you who believe! Obey Allah, and obey the messenger, and make not vain your deeds! Qur'an (47:33)

Corollary to the above divine commandment, we must ask ourselves: Have we been obeying Allah and His Messenger? To what extent have we used our time learning the Qur'an and the Sunnah in order to have correct Eeman (Faith), to do righteous deeds, to enjoin the Truth or do Da'wah, and be patient and constant? As time passes by, are we sure we are devoting our time for the sincere worship and pleasure of Allah the Most High? Are we taking guidance from the following very enlightening Ayat (Qur'anic verses)?

To be successful, we have to manage our time wisely by making plans for virtuous deeds that please Allah the Almighty. We must spend time learning Islam based on the Qur'an and the Sunnah.

Time - Use it, do not abuse it

Our attitude towards time indicates our attitude towards the value of the capital of life. If we want to purchase something, we require financial capital; and if we want to do something in life, we require the capital of life, time. That is why the Qur'an exhorts us to value the time we have before life is up. Qur'an (63:10)

Realize that...

   Time is the measure of life, time is an amaanah (trust), time is a gift from the Creator and its proper use will determine our outcome for eternity.
   We are born in time, live in time and die in time; time is the ambit within which we operate. What we do with time is what we do with our lives.
   Each one must realize that every moment that passes by is an opportunity gone, used or abused; never to return. Soon time will be up and we'll have to leave this physical world and give account for our lives.
   The more we remind ourselves of the responsibility of the present the better we get at living the moment and the better we live the present moment the better the consequence for the future.

In general, sensible people know the importance of time.

Imagine there is a bank which credits your account each morning with $86,400. It carries over no balance from day to day, allow you to keep no cash balance, and every evening cancels whatever part of the amount you had failed to use during the day.

What would you do? Draw out every cent, of course!

Well, everyone has such a bank. Its name is TIME. Every morning, it credits you with 86,400 seconds. Every night it writes off, as lost, whatever of this you have failed to invest to good purpose.

It carries over no balance. It allows no overdraft. Each day it opens a new account for you. Each night it burns the remains of the day. If you fail to use the day's deposits, the loss is yours.

There is no going back. There is no drawing against the "tomorrow". You must live in the present on today's deposits. Invest it so as to get from it the utmost in health, happiness and success! The clock is running. Make the most of today.

To realize the value of ONE YEAR, ask a student who has failed a grade.
To realize the value of ONE MONTH, ask a mother who has given birth to a pre-mature baby.
To realize the value of ONE WEEK, ask an editor of a weekly newspaper.
To realize the value of ONE DAY, ask a daily wage laborer who has kids to feed.
To realize the value of ONE HOUR, ask the lovers who are waiting to meet.
To realize the value of ONE MINUTE, ask a person who has missed the train.
To realize the value of ONE SECOND, ask a person who has avoided an accident.
To realize the value of ONE MILLI-SECOND, ask the person who has won a silver medal in the             Olympics.

Treasure every moment that you have! And treasure it more because you shared it with someone special, special enough to spend your time ... and remember that time waits for no one. . .

Yesterday is history, tomorrow a mystery, today is a gift, that's why it's called the present!


...........

Sources:

1)      The importance of time in Islaam - http://www.ezsoftech.com/akram/time.asp

2)      The importance of time in Islaam - http://www.islamonline.com/cgi-bin/news_service/spot_full_story.asp?service_id=763

3)      Sorry we are out of time! - http://www.memphisdawah.com/gyasi.html