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Allah is the Ultimate Owner

The Islamic economy philosophy can be divided into five based.

Islamic Economy Philosophy


If we understand the meaning of Tawheed, we will know that Allaah is the ultimate owner of everything.

The Qur’an says,

“Whatever is in the heavens and the earth belongs to Allaah.” (2:284)

But Allaah has also implanted the concept of ownership in our nature; and thus, we are allowed to “own” the wealth of this world. The Qur’an says:

“He has created for you whatever that is in the earth.”(2:29)

Allaah knows best.

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