Islamic Socialism

Islamic socialism is a system of government adopted by some Muslim countries which marries the teachings of Islam with the economic principles of socialism. Many Islamic scholars denounce the government programs inspired by Socialism, citing the Islamic emphasis on the individual and the freedom of ownership. Islamic socialists counter that socialism, with its principles of sharing land, food, and other resources is in line with al-takaful al-maddi taught in the Quran.http://www.financeinislam.com/article/1_37/1/309

Socialism refers to the economic system envisioned by Karl Marx and Vladimir Lenin, in which production and distribution of wealth within a country are controlled by the government.http://www.econlib.org/library/Enc/Socialism.html Lenin was a Russian revolutionary who came to power in 1917, nationalizing the banks and ordering the redistribution of land and resources throughout Russia.http://www.spartacus.schoolnet.co.uk/RUSlenin.htm

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Islamic Socialism

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http://www.mahalo.com/islamic-socialism The original tenets of Islamic socialism are generally credited to Abu Dhar, one of the companions of the Islamic prophet Muhammad. In his time Abu Dhar spoke out against the accumulation of wealth by the rich and pushed for the equal distribution of money. Islamic Socialism in its modern form came about as a reaction to criticism from Muslims toward socialists as being atheists. The principles of sharing land and other resources were deemed contrary to individual rights written in the Islamic holy book, the Quran. Socialists, however, argued that one of the Five Pillars of Islam, zakat (or charity) and other parts of Islam coincided with socialist ideals. These beliefs were merged most notably by Libyan leader, Muammar al-Gaddafi. He wrote his detailed theories on Islamic Socialism in The Green Book (3). President Hosni Mubarak of Egypt also practices forms of Islamic socialism started by his predecessors in the 1960s. Critics of Gaddafi and Mubarak however, say their respective governments are abused by the leaders in order to create systems more closely-related to a dictatorship. Though officially banned in Egypt, The Muslim Brotherhood also espouses Islamic socialism and is one of the more-powerful political entities in the country. ...

Origins of Islamic Socialism

Though the origins of Islamic socialism can be found in the teachings of Lenin and Marx and the philosophies of some in pre-soviet Russia, the first use of the doctrine by a government on a grand scale occurred in Pakistan under the rule of the PPP and Zulfiqar Ali Bhutto.http://www.pppusa.org/zabhutto.htm Today, the PPP, under the guidance of Asif Ali Zardari, still advocates a system based on Islamic socialism.

Another strong proponent of Islamic socialism is Moammar Gadhafi,who declared Libya an Islamic socialist state in 1969 and outlined his principles in the Green Book.http://www.jewishvirtuallibrary.org/jsource/biography/Qaddafi.html Iran embraced socialism in the late 70s as part of the Islamic Revolution.http://iranian.com/main/2010/oct/red-persians

Islamic socialism was introduced in Egypt in the 1960s by Gamel Abdel Nasser and continued until the economic policy was changed by Anwar el-Sadat to include less government control in the 1970s. This process was expanded by Sadat's successor, Hosni Mubarak.http://www.state.gov/r/pa/ei/bgn/5309.htm