princezulfi,
Actually, there is a limit of having property in Islam. Let me give you an example, In Islam a specific portion of booty is given to the participants of the army of the belivers, however during Hazrat Umar (RA) when Persia was conquered, entire country of Persia came under muslim control. By Islamic law the entire land should be distributed among the participants of the army, but Hazrat Umar (RA) did not do that, otherwise it would have created the biggest landlords ever in the history of mankind.
Private ownership is respected in Islam as long as it does not lead to speculation, exploitation, discrimination, disrespect to humans, and extremism and oppression on the part of the rich. Private ownership is respected as long as it does not cause the rich to feel superior. It is the negative results of private ownership that are considered to be bad, not private ownership itself. Therefore, these are the factors that define the limits. Islam has prevented these side effects. It has condemned lavish people and has rejected wastefulness. It has allowed rulers of Islamic communities to prevent wastefulness, exploitation, discrimination, oppression, and extremism. Therefore, the rulers of Islamic communities and the heads of Islamic governments have been given the opportunity to prevent extremism and oppression through their decrees.
Secondly, Islam does not forbid any muslim state to limit the land ownership.
Thirdly, Islam does not condone any one to oppress the weak and poor, and that is exactly what feudals in Pakistan do with impunity..
There may be some omissions and short comings in the Land Reform Bill presented by MQM, but that does not mean that we should throw out the baby with the bath water. We should not go to that extreme in mere hatred towards MQM.