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The Economic System of Islam   Taqiuddin an-Nabhani Hizb ut Tahrir          Sixth Edition, Seventh Print   1425/1428 A.H. (2004/2008 CE)   (Authenticated)    

بسم الله الرحمن الرحيم

The Economic System of Islam  

Taqiuddin an-Nabhani Hizb ut Tahrir         

Sixth Edition, Seventh Print   1425/1428 A.H. (2004/2008 CE)  

(Authenticated)   

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The Opening Ayah 3
Introduction to Economic System 11
Economy 46
Types of Ownership - Private Ownership 65
The First Means of Ownership: Work (‘Amal) 71
The Work of the Employee (Worker) 79
The Second Means of Ownership 105
The Third Means of Ownership 107
The Fourth Means of Ownership 109
The Fifth Means of Ownership 111
The Way to Dispose of Property 116
Trading and Manufacturing 132
The Laws of Partnership (Companies) 136
Capitalist Companies 148
Prohibited Methods of Increasing Ownership 172
Right of Disposal to Spend in Gifts & Maintenance 185
Public Property (Al-Milkiyyah Al-Ammah) 206
State Property 210
Nationalised Property is neither
Public nor State Property
212
Secluding (Hima)
The Public Benefits/Utilities
214
Factories 217
Bait ul Mal (The State Treasury) 219
Distributing Wealth among the People 234
Riba and Currency Exchange (Sarf) 244
Money/Currencies (An-Nuqood) 256
Foreign Trade 279

 


 Introduction

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.

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