Islamic Economic Jurisprudence - Property

Property

The Qur'an states that God is the sole owner of all matter in the heavens and the earth. Man, however, is God's viceregent on earth and holds God's possessions in trust (amanat). Islamic jurists divide properties into public, state, private categories.

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Famous quotes containing the word property:

    Crimes increase as education, opportunity, and property decrease. Whatever spreads ignorance, poverty and, discontent causes crime.... Criminals have their own responsibility, their own share of guilt, but they are merely the hand.... Whoever interferes with equal rights and equal opportunities is in some ... real degree, responsible for the crimes committed in the community.
    Rutherford Birchard Hayes (1822–1893)

    A few days later the younger son gathered all he had and traveled to a distant country, and there he squandered his property in dissolute living.
    Bible: New Testament, Luke 15:13.

    The charming landscape which I saw this morning is indubitably made up of some twenty or thirty farms. Miller owns this field, Locke that, and Manning the woodland beyond. But none of them owns the landscape. There is property in the horizon which no man has but he whose eye can integrate all parts, that is, the poet. This is the best part of these men’s farms, yet to this their warranty-deeds give no title.
    Ralph Waldo Emerson (1803–1882)