ENGLISH-THE CONCEPT AND SCOPE OF OWNERSHIP IN ISLAMIC STATE
In Capitalism a Person has full authority of Ownership over one’s wealth. One can spend one’s wealth in whatever and whenever one likes. Due to this false impression a person considers it one’s right to spend one’s wealth even in illegal activities. In this regard, Islam has a totally different con...
| Main Authors: | , , |
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| Format: | Article |
| Language: | Arabic |
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Research Gateway Society
2020-12-01
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| Series: | دی اسکالر |
| Subjects: | |
| Online Access: | http://siarj.com/index.php/Siarj/article/view/263 |
| _version_ | 1828343357946986496 |
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| author | Muhammad Ishaq Aziz ur Rehman Saifee Mushtaqullah Hashmi |
| author_facet | Muhammad Ishaq Aziz ur Rehman Saifee Mushtaqullah Hashmi |
| author_sort | Muhammad Ishaq |
| collection | DOAJ |
| description |
In Capitalism a Person has full authority of Ownership over one’s wealth. One can spend one’s wealth in whatever and whenever one likes. Due to this false impression a person considers it one’s right to spend one’s wealth even in illegal activities. In this regard, Islam has a totally different concept as compared to capitalism. Islam recognizes the ownership of a person over one’s wealth. But some restrictions are set forth on the ownership, so that use of the ownership of wealth right must not incur the wrath of Allah and should not cause sufferings to people. So, Islam has a system of the right of ownership and its use, The system delineates very clearly that having the right of ownership of wealth does not permits the owner to spend the wealth on unlawful and forbidden activities as they may cause sufferings to the neighbors and other people.
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| first_indexed | 2024-04-13T23:41:56Z |
| format | Article |
| id | doaj.art-bd0bc74a25774d2b985f6de80849db67 |
| institution | Directory Open Access Journal |
| issn | 2413-7480 2617-4308 |
| language | Arabic |
| last_indexed | 2024-04-13T23:41:56Z |
| publishDate | 2020-12-01 |
| publisher | Research Gateway Society |
| record_format | Article |
| series | دی اسکالر |
| spelling | doaj.art-bd0bc74a25774d2b985f6de80849db672022-12-22T02:24:29ZaraResearch Gateway Societyدی اسکالر2413-74802617-43082020-12-0162ENGLISH-THE CONCEPT AND SCOPE OF OWNERSHIP IN ISLAMIC STATEMuhammad Ishaq0Aziz ur Rehman Saifee1Mushtaqullah Hashmi2Assistant Professor, Department of Usool ud Din, Faculty of Islamic studies, University of Karachi.Assistant Professor, Dept. of Arabic, University of Karachi.Visiting Faculty, Department of Usool ud Din, Faculty of Islamic studies, University of Karachi. In Capitalism a Person has full authority of Ownership over one’s wealth. One can spend one’s wealth in whatever and whenever one likes. Due to this false impression a person considers it one’s right to spend one’s wealth even in illegal activities. In this regard, Islam has a totally different concept as compared to capitalism. Islam recognizes the ownership of a person over one’s wealth. But some restrictions are set forth on the ownership, so that use of the ownership of wealth right must not incur the wrath of Allah and should not cause sufferings to people. So, Islam has a system of the right of ownership and its use, The system delineates very clearly that having the right of ownership of wealth does not permits the owner to spend the wealth on unlawful and forbidden activities as they may cause sufferings to the neighbors and other people. http://siarj.com/index.php/Siarj/article/view/263Ownership in IslamOwnership of wealth in Capitalism, Ownership concept in Islamic StateAuthority of ownership. |
| spellingShingle | Muhammad Ishaq Aziz ur Rehman Saifee Mushtaqullah Hashmi ENGLISH-THE CONCEPT AND SCOPE OF OWNERSHIP IN ISLAMIC STATE دی اسکالر Ownership in Islam Ownership of wealth in Capitalism , Ownership concept in Islamic State Authority of ownership. |
| title | ENGLISH-THE CONCEPT AND SCOPE OF OWNERSHIP IN ISLAMIC STATE |
| title_full | ENGLISH-THE CONCEPT AND SCOPE OF OWNERSHIP IN ISLAMIC STATE |
| title_fullStr | ENGLISH-THE CONCEPT AND SCOPE OF OWNERSHIP IN ISLAMIC STATE |
| title_full_unstemmed | ENGLISH-THE CONCEPT AND SCOPE OF OWNERSHIP IN ISLAMIC STATE |
| title_short | ENGLISH-THE CONCEPT AND SCOPE OF OWNERSHIP IN ISLAMIC STATE |
| title_sort | english the concept and scope of ownership in islamic state |
| topic | Ownership in Islam Ownership of wealth in Capitalism , Ownership concept in Islamic State Authority of ownership. |
| url | http://siarj.com/index.php/Siarj/article/view/263 |
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