Public Ownership in Islam: Its Nature and the State’s Responsibilities Regarding It
- Published in Al-Waie Magazine
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Public ownership is the permission granted by the Shariah to the community to share collectively in benefiting from the assets regarding which the Shariah has stated that they are jointly held among them, and that both individuals and the state are prohibited from appropriating them individually. It is, therefore, an ownership belonging to the totality of people, reserved for them,
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