Islam recognises three kinds of possessions:-
(a). Private Possession
"O ye who believe! Eat not your property among yourselves in vanities: but let there be amongst you traffic and trade by mutual good will." ( Qur'an, 4:29)
"But if ye turn back, ye shall have your capi- tal sums: deal not unjustly and ye shall not be dealt with unjustly?" ( Qur'an, 2:279)
The Prophet (p.b.u.h.a.h.f.) said: "The pos- session of a Muslim is illegal to his brother except which he willingly offers to him."