misunderstood

Despite its excessive care for the purification and refinement of souls, Islam never forgets practical considerations. Islamic legislation ensures a fair distribution of wealth. By not only concentrating on the purification of the soul but also enacting just legislation, Islam lays the proper foundations for a healthy society. Perhaps this was what Othman Ibn Affan, the third Caliph, had in mind when he said: "God restrains by power what He does not restrain by the Quran."

To return to the question of ownership, it can be said that ownership existed in certain ages without leading to injustice. Islam permitted ownership of land but never allowed it to lead to feudalism as it did in Europe. Islam took the necessary precautions by enacting economic and social legislations which precluded feudalism and ensured a respectful standard of living even for those who did not own any land. It was such a guarantee that protected the poor class from exploitation by the propertied one.

On the other hand, granting that capitalism might have existed in Islam, it must be understood that Islam would have permitted only such type of capitalism as would serve the public interest. By purifying and refining human nature and at the same time making the necessary legislations, Islam would not have allowed capitalism to grow into an oppressive and exploiting force. By so doing Islam would have relieved the world from the evils which plague the present western world. Besides, the permission of private ownership under Islam was subject to certain restrictions. It was prescribed, for example, that public resources are public property. Where principles of justice required it, Islam prohibited private ownership and permitted it only when satisfactory guarantees had been made against injustice and oppression.

In order to make this point clear, we may borrow an example from non-Muslim countries i.e., the Scandinavian states. The English, the Americans and the Frenchstaunch advocates of racial and national discrimination-admit that the Scandinavian peoples are the most civilized and affectionate peoples on earth. It is to be pointed out that such countries have not abolished private ownership but made necessary guarantees for a fair distribution of wealth. Such guarantees bridge the gap between the classes and at the same time prescribe that wages should be proportionate to work. It can be said that the Scandinavian states have in this connection come closer than any other state in the world-to a realization of some aspects of Islam.

It is impossible to separate any economic system from the social and intellectual philosophies underlying it. If we review the three doctrines that are currently propagatedcapitalism, communism and Islam-we shall realize how the economic system and the theory of ownership in each doctrine are closely related to their social background. As previously mentioned, capitalism is based on the assumption that the individual is an inviolable being whose freedom must not be subjected to any social restrictions. It follows that capitalism tends to permit unrestricted private ownership.

On the other hand, communism is based on the belief that the Community is the base and that the individual has no separate existence of his own. Therefore, communism renders unto the state (as representative of the community) the ownership of all properties, thus depriving all individuals of such a right.

Islam holds a different social concept and, therefore, it adopts a different economic