Stipulation is something you have to do in order to achieve something, principals can vary person to person and one does not even need to abide by his own principal. (makes them a hypocrite but alas) I was not even talking about Hadith I am talking about historical narrative of how Prophet Muhammad PBUH ran the matters of the state, how the 4 righteous Caliphs are known to have run the state historically etc.
So then your socialist reign will be a precursor to Communist Pakistan?
Also what is taking the Nordic states so long to turn into a full fledged commie enforcer?
Sounds good but how does it make it any more or less Islamic per say? Like if you had to explain to a crowd why your interest rate is Islamic, why your definition of money is Islamic, what makes corporate governance Islamic, social responsibility etc. Basically expand on how when you are done adjusting the parameters will your system be "Islamic Socialism".
There is no such thing as Kingship in Sharia, Islam believes in leadership based on merit not bloodline and if bloodline was the case then the Shias are right as which bloodline has a greater right to rule than the line of the Prophet himself?