Ibrahim's Declaration of Tawhid Here

Allah tells us about His servant, Messenger and close Friend, the leader of the monotheists and the father of all subsequent Prophets, from whom Quraysh were descended and claimed to have taken their religion. He disowned his father's and his people's worship of idols and said:

وَإِذْ قَالَ إِبْرَهِيمُ لاًّبِيهِ وَقَوْمِهِ إِنَّنِى بَرَآءٌ مِّمَّا تَعْبُدُونَ - إِلاَّ الَّذِى فَطَرَنِى فَإِنَّهُ سَيَهْدِينِ وَجَعَلَهَا كَلِمَةً بَـقِيَةً فِى عَقِبِهِ

The Natural system of Distribution of wealth

نَحْنُ قَسَمْنَا بَيْنَهُم مَّعِيشَتَهُمْ (We have distributed among them their livelihood). This is to say that Allah in His infinite wisdom, has devised such a system for the world that everybody is dependent on another for meeting his needs. Thus all the people, bound in this mutual inter-dependence, are fulfilling the needs of the whole society. This verse has made it quite clear that Allah Almighty has not assigned the work of distributing livelihood to any human organization or authority that works out a plan (as claimed by the socialist theory) how to define the needs of a society, how to meet those needs, how to allocate the means of production to various channels, and how to distribute the income, and on what basis. Instead, all these functions rest with Allah Ta’ ala. What it means is that by making every person dependent upon another, an automatic system has been developed that may solve these issues, with the only condition that it is not hindered by unnatural factors like monopolies etc. This system of mutual interdependence is known in modern economic terminology as the 'supply and demand mechanism'. The natural law of 'supply and demand' is that shortage in the supply of an item results in an increase in its price, and thus attracts more factors of production towards its production, so that they may earn more profit. But when the production outpaces the demand, its prices decrease, and so does the profit, thereby diverting the means of production towards more profitable items. Islam has employed this natural mechanism of supply and demand to produce and distribute wealth, and has not assigned the distribution of livelihood to any organization under ordinary circumstances. The reason is that human planning, however advanced it may be, cannot take into account every element of human necessities; such social issues are usually resolved through a natural process that works in an automatic manner. If such problems are entrusted to human planning, it can only result in artificial restraints imposed on the natural human freedom. For example, the fact that the hours of daylight are for working, and the night is meant for sleeping was not determined by any social contract or by human planning; it came about through nature's automatic process. Similarly, who should marry whom is automatically arranged in accordance with the natural system of personal inclinations; nobody has even thought of arranging it through planning. If the question of selecting a particular field of academic specialization is entrusted to the planning of a government, instead of one's own inclination and taste, it will result in nothing but coercion and compulsion which may, in turn, disturb and spoil the natural human life. Similarly, the economic system is taken care of by Allah's wisdom and power; everybody knows in his heart what he wants to do, which job is more suitable for him, and which he can perform properly. As such, everybody, even if he is a sweeper, is happy loving his work, and is proud of it.