Economic System in Islam

Abstract

Islam endeavors to bring the poor class nearer to the rich rather than to incite them to quarrel. Contrary to Islam, communism proposes to abolish the rich class in favor of the proletariat. Karl Marx thinks that this provision is necessary for safeguarding of the poor class, and that eradication of the rich is only possible by a revolution of the proletariat. He prompts the poor to rebel against the rich, while Islam uses moderation and is confined to measures intended to protect the poor and to raise their social and economic condition. For this end Islam introduced the Zakat.