URDU: انفرادی ملکیت کا اسلامی تصور
Islamic Concept of individual / Private Property
Keywords:
Private property in Islam is legal, No restrictions in private property, No time limit for private property.Abstract
There are three kinds of economical systems popular worldwide these days. They are; Capitalist Economic System, Communes Economic System and Islamic Economic System. Capitalist economic system is based on private property and no interference of state. Whereas, Communist economic system is based on negation of private property. As compared to above explained economic systems, private property is legal and indubitable in Islamic Economic System. It is proved According to the texts of Qur’an and Hadith that anyone can have property keeping Islamic rules and regulations in view. And Islam has not bounded anyone of having property.
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