The evils emanating from the capitalist economy or the private ownership, having unbridled power to make an economic decision, cause imbalances in society. It can be curbed by humanity, submitting the divine authority and obeying Allah's commands and guidelines as laid down in the Holy Qur'an and Ahadith. Islam has put certain restrictions on economic activities. Following these guidelines, an ideal Islamic society can be produced.
Author: Mufti Muhammad Taqi Usmani