Shadee Elmasry – Ownership & Wealth Distribution in Islam
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AI: Transcript ©
Number one is that it says Melilla, it's Allah's wealth. He
owns it, however, he gave it to you, and let the attack come.
Alright, so we, unlike capitalism, and unlike socialism, socialism,
almost wants to take away a lot of elements besides consumer goods of
human ownership of wealth. Capitalism observes an absolute
ownership. Whereas Islam, the truth, it finds itself actually,
right in the middle, where you're not the owner, but you're allowed
to utilize it and exploit it. But how you have to remember that the
rights of wealth, the true heirs of wealth, are not just the
producers of the wealth, but also those whom Allah has commanded you
from. And we can glean that from the word where to whom he's
telling you
give them right. And so the two themes here is that it's a manner
that Allah is giving us ownership, we're allowed to have ownership.
It's not ours, but we're allowed to have ownership. And because
it's not ours, it makes sense in my mind, that I can be told what
to do with it by the real owner. And it's fair. So the second point
being that
who has the right to wealth, and both socialism and capitalism,
they're both actually in the same set here is that they are only
talk about the producers of wealth. Okay, so cap, capitalism
is capital, its labor, its land, and it's the entrepreneurs in
socialism, it's the labor and the other three are the collective.
But Islam comes and says, no, no, no. There's a second category of a
rightful owner of wealth, which is namely that the rightful owner of
wealth is the producer and those who have been assigned the
obligation to receive that wealth, which is the recipients of Zika
NEFA. And we can I want to get to that point later.