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[quote]regarding being extravagant or wasteful: -

Children of Adam! Wear your adornment in every mosque and eat and drink but do not be wasteful. [b][u] He does not love the wasteful.[/u][/b]
(Qur'an, 7:31)

It is He Who produces gardens, both cultivated and wild, and palm-trees and crops of diverse kinds, and olives and pomegranates, both similar and dissimilar. Eat of their fruits when they bear fruit and pay their due on the day of their harvest, and do not be profligate. [b]He does not love the wasteful.[/b] 
(Qur'an, 6:141)

Give your relatives their due, and the very poor and travellers but do not squander what you have. [b]Squanderers are brothers to the satans, and satan was ungrateful to his Lord.[/b] 
(Qur'an, 17:26-27)

Those who, when they spend, are [b] neither extravagant nor mean [/b], but take a stance mid way between the two; 
(Qur'an, 25:67)

So being extravagant is being wasteful and Allah hates that.

002.219
"They ask you about intoxicants and games of chance. Say: In both of them there is a great sin and means of profit for people, and their sin is greater than their profit.[b] And they ask you as to what they should spend. Say: [u]What is superfluous.[/u][/b] Thus does Allah make clear to you the verses, that you may ponder/think"

Implying that we should spend of our resources (in zakaah and sadaqah) what is superfluous, what is beyond our need.  This implies that if we go crazy with stuff beyond our need, like very expensive cloths, big expensive cars etc... and give less then we are being miserly.

The above ayah tells us how much to spend in charity.

Restrain yourself patiently with those who call on their Lord morning and evening, desiring His face. Do not turn your eyes from them, [b] desiring the attractions of this world [/b]. And do not obey someone whose heart We have made neglectful of Our remembrance and who follows his own whims and desires and whose life has transgressed all bounds. 
(Qur'an, 18:28)

We should not be so concerned with the attractions of this world.

So I think the general position is that we should not be extravagant, we should live within our means and give in zakaah and sadaqah that with is beyond our needs.

So realistically a lavish anything is against the spirit of Allah's revelation.

Hope this helps[/quote]

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