Islamic Economical 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.

Read more about this topic:  Islamic Economical Jurisprudence

Famous quotes containing the word property:

    “General education is the best preventive of the evils now most dreaded. In the civilized countries of the world, the question is how to distribute most generally and equally the property of the world. As a rule, where education is most general the distribution of property is most general.... As knowledge spreads, wealth spreads. To diffuse knowledge is to diffuse wealth. To give all an equal chance to acquire knowledge is the best and surest way to give all an equal chance to acquire property.”
    —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.

    “By avarice and selfishness, and a groveling habit, from which none of us is free, of regarding the soil as property, or the means of acquiring property chiefly, the landscape is deformed, husbandry is degraded with us, and the farmer leads the meanest of lives. He knows Nature but as a robber.”
    —Henry David Thoreau (1817–1862)