Examples include the ownership of the cause over the effect...
Examples include the ownership of the cause over the effect or the mind over imagination. God is the true owner of all things as we can see in the following verse: وَللّهِ مَا فِي السَّمَاوَاتِ وَمَا فِي الأَرْضِ وَكَانَ اللّهُ بِكُلِّ شَيْءٍ مُّحِيطًا “But to God belong all things in the heavens and on earth. And He it is that encompasseth all things.”[The Holy Qur’an, al-Nisaa 4:126] True ownership cannot be transferred from the owner.
However, virtual ownership is the form of ownership in which the owner can use the property and prevent other people from using it. This is like the ownership of man over his wealth. This form of ownership has been developed through the social association of people with one another. That is why it is called virtual. There is no true developmental relationship between the owner and the property. This form of ownership is transferable.
Man is the Center of Creation As viewed by Islam, man is the center of God’s creation. Everything else is created to be subject to him.
The Holy Qur’an counts the blessings and considers them to be for man’s use as we can read in the following verse: هُوَ الَّذِي خَلَقَ لَكُم مَّا فِي الأَرْضِ جَمِيعاً “It is He Who hath created for you all things that are on earth.” [The Holy Qur’an, al-Baqarah 2:29] Also, consider the following verse in this regard: أَلَمْ تَرَوْا أَنَّ اللَّهَ سَخَّرَ لَكُم مَّا فِي السَّمَاوَاتِ وَمَا فِي الْأَرْضِ “Do ye not see that God has subjected to your (use) all things in the heavens and on earth?” [The Holy Qur’an, Luqman 31:20] And the following verse: هُوَ أَنشَأَكُم مِّنَ الأَرْضِ وَاسْتَعْمَرَكُمْ فِيهَا “It is He Who hath produced you from the earth and settled you therein." [The Holy Qur’an, Hud 11:61] And the following: وَآتُوهُم مِّن مَّالِ اللَّهِ الَّذِي آتَاكُمْ “Give them something yourselves out of the means which God has given to you.” [The Holy Qur’an, al-Nur 24:33] Thus, we see that God has given man a central role in creation, and everything is created for man.
God has created everything including wealth for man’s benefit. The economic system is an important part of the overall Islamic system. It has been set up to meet man’s basic needs such as food, clothing, housing, defense, recreation, health and hygiene, as well as his psychological needs such as man’s desire for beauty.