The wealth belongs to Allah (swt) alone, and He (swt) has made human beings the trustees of it. Through this general trust they have been given the right to ownership of wealth.

Allah (swt) has permitted for the individual to possess the wealth; so through this specific permission, he managed to possess it practically.

The evidences for this article are His (swt) words:

“And give them from the wealth of Allah (swt) which He has given you.” (TMQ 24:33); .so the wealth is ascribed to Allah (swt). And His (swt) words:

“And give you increase in wealth and children.” (TMQ 71:12);.. so the increase in the wealth for people is ascribed to Allah (swt). Also, His (swt) words:

“And spend out of that in which He has made you successors.” (TMQ 57:7),. and so accordingly He (swt) made man the trustees of Allah (swt) in the wealth, as it was Allah (swt) who made them the inheritors, so the wealth in origin belongs to Allah (swt). Therefore, the ownership of the wealth is with Allah (swt), but He (swt) has made the people the trustees of it, which has given them the right to its ownership. For this reason the verse regarding the entrustment is not an evidence for private ownership, but rather it is evidence that the human being from the aspect of being human, has the right of ownership of wealth.

As for practical private ownership, or in other words, the fact that it is permitted for him to actually possess wealth, this comes from another evidence, which is the cause which permitted the individual to practically come into possession. For example his words: