Answer to Question Difference between Privatization, Nationalization and Iqta‘ (Allocation of Land) To: Hamzeh Shihadeh Question Asalamu Alaikum WA Rahmatulah Wa Barakatuhu What is the difference between privatization in the capitalist system and Iqta’ (allocation of land) that is mentioned in the book, Funds in the Khilafah State? Answer Wa Alaikum As-Salam Wa Rahmatulah Wa Barakatuhu, 1- There are three types of ownership: public property, state property and private property - whatever that is not included in the public and state ownership. 2- Public property are the items that the legislator made their ownership belong to all Muslims, a joint ownership between them, and prevented individuals from their ownership, such as electricity generators, power plants, gas factories, coal, and minerals that are in abundance, that are not limited, whether solid such as gold and iron, or a liquid such as oil, or gas such as natural gas, all of these and similar ones are public p
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