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The Economic System of Islam

Taqiuddin an-Nabhani

Hizb ut Tahrir
1418 AH - 1997 CE

:: Content ::

The Opening Ayah

Introduction to Economic System


Types of Ownership - Private Ownership

The First Means of Ownership: Work (‘Amal)

The Work of the Employee (Worker)

The Second Means of Ownership

The Third Means of Ownership

The Fourth Means of Ownership

The Fifth Means of Ownership

The Way to Dispose of Property

Trading and Manufacturing

The Laws of Partnership (Companies)

Capitalist Companies

Prohibited Methods of Increasing Ownership

Right of Disposal to Spend in Gifts & Maintenance

Public Property (Al-Milkiyyah Al-Ammah)

State Property

Nationalised Property is neither Public nor State Property

Secluding (Hima) The Public Benefits/Utilities


Bait ul Mal (The State Treasury)

Distributing Wealth among the People

Riba and Currency Exchange (Sarf)

Money/Currencies (An-Nuqood)

Foreign Trade


This book of the economic system in Islam is a precious intellectual Islamic fortune, rarely matched. It is the first book which crystallises, clearly and obviously, in this century, the reality of the economic system of Islam in this period in an explicit fashion.

It explains the Islamic view of the economy and its objective, how to own property and increase it, how to spend and dispose of it, how to distribute the wealth amongst the citizens in society and how to establish a balance within it.

It explains the types of properties (private, public and State property) including the property due to the Bait ul-Mal and the areas over which it is spent.

It explains the rules of lands, whether ‘Ushriyya or Kharajiyya, and what is obliged in them of the tithe (‘Ushr) or land tax (Kharaj) and how to utilise, cultivate and allocate and also how to transfer them from one owner to another.

It also discusses the different types of currencies (Nuqud) and what occurs in them of Riba, exchange and what is obliged from them of Zakat.

Finally it discusses the foreign trade and its rules. The sole sources in adopting the rules mentioned in this book are the Book of Allah and the Sunnah of His Messenger (saw) and what they directed to, namely analogy and Ijma’a as-Sahabah. No other source is taken in adopting these economic rules.

The book introduces the reality of the capitalist and socialist, including(communist) economic systems and their refutation, explaining their defects and contradiction with the economic system of Islam.

This book was reviewed prior to printing the new edition with only minor corrections. Careful attention was spent in reviewing all the Ahadith
mentioned which were proven according to their narrators in the books of Hadith.

This book, to its credit, has created amongst Muslims a great awareness of the Economic System in Islam. We ask Allah that He  spreads its favour and enables Muslims to place its rules into action in a State ruling them exclusively with that which Allah  has revealed.