Does the Islamic Economic System believe that Businesses should be owned by private o

truthseeker63

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Does the Islamic Economic System believe that Businesses should be owned by private owners not by the state/government is there private property in Islam ?
 
Islam is not that communist, yes you can own your own property. =)
 
Muhammed (PBUH) created a real free market system, but totally different from present day Capitalism. Both capitalism and communism (as we have experienced) are wrong according to this model.
 

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