It is not permissible to say that rule belongs to the people or that wealth is the wealth of the people
Question

                What is the ruling on saying that rule belongs to the people or that wealth belongs to the people?.
Praise be to Allah.These words are a 
    fabrication and those who fabricated them are liars in their claim. They do 
    not implement that themselves by surrendering their opinion to the opinion 
    of the people, not even in a single case. This is a deceitful slogan aimed 
    at cheating the people who seek relief from one oppressive regime, only to 
    be cheated by a second oppressive regime.  

    In fact, people should be protected and respected; they 
    should enjoy justice and sanctity in every sense of the word. They should 
    not be driven like cattle. But it is not permissible to accept these slogans 
    as is. Rule belongs to Allaah and the masses must be directed in the light 
    of His Revelation and ruled according to sharee’ah. Allaah says 
    (interpretation of the meaning): 

    “Do they then seek the judgement of (the days of) 
    Ignorance? And who is better in judgement than Allaah for a people who have 
    firm Faith”

    [al-Maa'idah 5:50] 

    “The decision [hukm] is only for Allaah”

    [al-An’aam 6:57]

    We should not say, “the rule is for the people,” because 
    those who lead the people according to their own whims and desires are those 
    with materialistic ideologies or idolatrous principles that go against what 
    Allaah has revealed, and impose their own authority by force under these 
    devious, fabricated slogans. 

    Similarly, the “wealth of Allaah” must be spent on the 
    general interests of the Muslims, to protect the Muslim borders and defend 
    Muslim causes in the east and in the west, above all; to call people to 
    Allaah; to strive to defeat the oppressors and those who transgress against 
    some of the Muslims; and to meet the needs of those who are in need, as 
    mentioned in Soorat al-Hashr where Allaah says (interpretation of the 
    meaning):  

    “(And there is also a share in this booty) for the poor 
    emigrants, who were expelled from their homes and their property, seeking 
    Bounties from Allaah and to please Him, and helping Allaah (i.e. helping His 
    religion — Islamic Monotheism) and His Messenger (Muhammad). Such are indeed 
    the truthful (to what they say).

    9. And (it is also for) those who, before them, had homes 
    (in Al‑Madeenah) and had adopted the Faith, love those who emigrate to them, 
    and have no jealousy in their breasts for that which they have been given 
    (from the booty of Banu An‑Nadeer), and give them (emigrants) preference 
    over themselves even though they were in need of that. And whosoever is 
    saved from his own covetousness, such are they who will be the successful.

    10. And those who came after them say: ‘Our Lord! Forgive 
    us and our brethren who have preceded us in Faith, and put not in our hearts 
    any hatred against those who have believed. Our Lord! You are indeed full of 
    kindness, Most Merciful’”

    [al-Hashr 59:8-10]

    Priority must be given to spending it on areas where need is 
    greatest. This is what should be done with the wealth of Allaah. It is not 
    permissible for selfish people to take it for themselves, or to spend it on 
    extravagance and immorality, let alone spending it on corrupt and evil 
    things. 

    It is not permissible at all to call it “the wealth of the 
    people” because if we accept this, then they will justify doing that, and 
    they will squander a large part of it on preserving their own hold on power, 
    spying and buying people off. Moreover, people vary in how strong or weak 
    they are, how rich or poor, how ignorant or righteous, how resilient or 
    otherwise. So how can wealth belong to one who has no need of it because he 
    is wealthy, powerful, knowledgeable or skilled, or to one who should be 
    deprived of it because of his corruption and evil?  

    Allaah the Almighty spoke the truth when He said 
    (interpretation of the meaning): 

    “So after the truth, what else can there be, save error?”

    [Yoonus 10:32]
But these liars hope to 
    overthrow rule by sharee’ah. 

    See: al-Ajwabah al-Mufeedah li Muhimmaat al-‘Aqeedah, 
    p. 55-56. 
By Shaykh ‘Abd al-Rahmaan 
    al-Doosari (may Allaah have mercy on him). 

    It is not permissible to say that wealth is the wealth of the 
    people, because that means that the people have the right to dispose of it 
    however they wish. 

    But in fact, wealth is the wealth of Allaah, and all people 
    must spend it in the ways enjoined by Allaah and His Messenger  (peace 
    and blessings of Allaah be upon him). 

    In Majmoo’ al-Fataawa (10/281), Shaykh al-Islam [Ibn 
    Taymiyah] said, commenting on the hadeeth of the Messenger  (peace and 
    blessings of Allaah be upon him): “All of the wealth which is at the 
    disposal of the ruler is the wealth of Allaah and His Messenger, meaning 
    that Allaah commanded His Messenger to spend that wealth in ways of 
    obedience to Him, so it is essential to obey him in distributing this wealth 
    as it is essential to obey him in all that he commands, for whoever obeys 
    the Messenger has obeyed Allaah, and he has conveyed this from Allaah.” 

    He said, concerning the wealth which the troops take from the 
    bayt al-maal (treasury) (25/26):

     Moreover, these troops are the troops of Allaah who are 
    fighting for the sake of Allaah, as His slaves. They take these provisions 
    from the bayt al-maal to help them in jihad. What they take is not the 
    property of the ruler, rather it is the property of Allaah which the ruler 
    distributes to those who are entitled to it. 

    And he said (28/268): 

    The rulers do not have the right to distribute it (the wealth 
    of the bayt al-maal) according to their own whims and desires, as an owner 
    may distribute his own wealth. Rather they are trustees, deputies and 
    agents; they are not owners. As the Messenger of Allaah  (peace and 
    blessings of Allaah be upon him) said: “By Allaah, I do not give to anyone 
    or withhold from anyone (according to my own personal opinion), rather I am 
    a distributor who allocates things as I am commanded.” Narrated by 
    al-Bukhaari. 

    This is the Messenger of the Lord of the Worlds who told us 
    that he did not give or withhold on the basis of his own will and choice, as 
    an owner does who is permitted to dispose of his wealth as he wishes, or as 
    kings do who give to those whom they like and withhold from those whom they 
    do not like. Rather he is a slave of Allaah who distributes wealth as he is 
    commanded by Allaah.