The philosophy of the Islamic economy

Gms : Khartoum

By Dr. Abdul Majid Abdul Gadir

No doubt the Islamic Movement in Sudan has succeeded in a small part of the economic theory in Islam. It is in the early stages of developing a solid economic philosophy based on ethical and spiritual background.

Those who are taking care of the Islamization of economy should not reckon on this success and go to bed. There is a lot in front of them to do. It is true that the banking fiancé system in Sudan has come far ahead of all the others, but unfortunately all the Islamic heritage has been summarized in one rigid transaction called “Murabaha”.

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