Giving gift to other is the Sunnah of Our Beloved Prophet Muhammad Mustafa (P.B.H.U).it increase love for each other.to follow the right path of the Prophet we can buy our gift for after life in the shape of Paradise. Giving gifts is one method that we can become attach to our sister and brother friends Muslims, and fortify the bond amid us. It is a great Sunnah that we can resuscitate. If you have enough money you can give gift to yourself by the shape of Hajj and cheap Umrah packages. There are many Hadith related to this Sunnah in the book of Hadith.
Salim stated from Ibn Umar (Allah be satisfied with them) that ‘Umar given a horse in the path of Allah and then originate it existence sold, and he obvious to buy that. He asked Allah’s Apostle Messenger Muhammad Mustafa (PBUH) about it, so Allah’s Messenger (PBUH) said: Umar, do not get back what you provided as gifts.
There is another saying and Hadith related to this Sunnah.
Ibn ‘Abbas (Allah be satisfied with them) stated Allah’s Apostle Messenger Muhammad Mustafa (P.B.U.H) having Explain this: He who becomes back his gift is like a dog which bile, and then revenues to that and eats it.
There is another Hadith Connected to this.
Numen Bashir stated that his father transported him to Allah’s Messenger Muhammad Mustafa and said: I have given this slave of mine to my son. Allah’s Messenger (may peace be upon him) said: Have you gave to every one of your sons (a slave) like this? He said: No. Closely Allah’s Messenger (P.B.U.H) said: Then take him back.
Jabir b. ‘Abdullah stated Allah’s Messenger as proverb: Whoever a person is gifted a life funding, then it is for him. It would not reappearance to him who gave it for he discussed it as a gift it becomes the stuff of the done and as such rules of bequest will apply to it.