Notions of Private Property in Islamic Economics in Contemporary Iran: A Review of Literature
International Journal of Social Economics
ISSN: 0306-8293
Article publication date: 1 September 1988
Abstract
According to the late Maxime Rodinson, there exists a basic affinity between the economic scheme of Islam and the capitalist system. Although most Muslims, including pro‐capitalist ones, like to think of Islam as a unique way of life and one distinguished from both capitalism and socialism, there exist various Muslims who, like Rodinson, find important similarities between Islam and capitalism. One such similarity concerns private ownership of property and the means of production. According to Zubair Hassan of India, “Islam, like capitalism, permits private ownership of property including the means of production and grants freedom of enterprise”.
Citation
Hosseini, H. (1988), "Notions of Private Property in Islamic Economics in Contemporary Iran: A Review of Literature", International Journal of Social Economics, Vol. 15 No. 9, pp. 51-61. https://doi.org/10.1108/eb014120
Publisher
:MCB UP Ltd
Copyright © 1988, MCB UP Limited