Islamic socialism

Islamic socialism is a political and economic ideology that seeks to combine Islamic principles with socialist policies. It advocates for social justice, community welfare, and the equitable distribution of wealth, aligning with Islamic teachings on charity and helping the less fortunate. Unlike traditional socialism, which may advocate for the abolition of private property, Islamic socialism allows for private ownership but emphasizes social responsibility and ethical business practices. Proponents argue that this approach can create a more just society that aligns with both Islamic values and the economic needs of the people.