All God's bestowed wealth, be it under the ground, on the surface or in national territorial waters, in the land or maritime domains under the state's control, are the property of the state as defined by law. The law defines means of exploiting, protecting, and developing such wealth in the interests of the state, its security and economy.
No privilege is to be granted and no public resource is to be exploited without a law.
Public money is sacrosanct. The state has an obligation to protect it and both citizens and residents are to safeguard it.
Property, capital, and labor are essential elements in the Kingdom's economic and social being. They are personal rights which perform a social function in accordance with Islamic Shari'ah.
The state protects freedom of private property and its sanctity. No one is to be stripped of his property except when it serves the public interest, in which case fair compensation is due.
Public confiscation of money is prohibited and the penalty of private confiscation is to be imposed only by a legal order.
Taxes and fees are to be imposed on a basis of justice and only when the need for them arises. Imposition, amendment, revocation and exemption is only permitted by law.
Alms tax is to be levied and paid to legitimate recipients.
Economic and social development is to be achieved according to a just and scientific plan.