Modes of Acquiring Ownership and Loosing It
Modes of Acquiring Ownership and Loosing It
Modes of Acquiring Ownership and Loosing It
1) Introduction
Ownership is a very important concept in the Islamic legal system
It relates to man’s worldly desires and his relations with another’s
Islamic law provides different modes of acquiring and losing of ownership
Ownership is a right of possession of something and property may be land or other than this
2) Meaning of ownership
Right to possess something
3) definition of Ownership
Ownership is a relationship between a person and a thing and it is the absolute control and
right of
decision over things as well as it is the power of Exclude of others
4) Elements in Ownership
In ownership essential elements are the presence of “CONTROL” and “EXCLUSION OF
OTHER” the person
who has such powers is called the Owner
According to the Islamic system, ownership of liberties, powers, and properties can’t be
acquired
According to the English System, the above rights or ownership can be occupied by
different rules
9) Conclusion