Islamic Views on Ownership and Wealth

Abstract

This study examines the Islamic view of ownership and wealth as fundamental concepts in Islamic economics. This study aims to analyze the principles of ownership in Islam, identify the ethical basis for wealth management, and examine its relevance in facing contemporary economic challenges. The method used is a qualitative approach with a literature study, sourced from the Qur'an, Hadith, as well as academic literature and reputable journals. The results of the study indicate that ownership in Islam is not absolute, but relative, because all wealth essentially belongs to Allah SWT, while humans are only managers. Islam recognizes individual ownership, but provides moral and legal boundaries to achieve justice, balance, and social responsibility. Instruments such as zakat, waqf, and sadaqah play an important role in the distribution of wealth and reduce economic inequality.