What is the Islamic perspective on private property rights?


Private property is ingrained in Islamic principles The Prophet (Sallallahu Alayhi Wasallam) said: The upper hand is better than the lower hand. This underscores ownership in Islam. It acknowledges that individuals vary in their capacity to accumulate wealth, a reality recognized and respected in Islamic thought. Equality in Islam pertains to matters of dignity, access, legal standing, and opportunities. Yet, if one’s capacity allows them to produce more, they rightfully hold command over their production. Islam also emphasizes the principle of compassion, ensuring that no individual is forsaken to fall below the standard of human dignity. As the Qur’an states: And do not consume one another’s wealth unjustly or send it [in bribery] to the rulers in order that [they might aid] you [to] consume a portion of the wealth of the people in sin, while you know [it is unlawful]” (2:188). This is a reminder to uphold fairness in matters of wealth and property.