Prohibition of Riba interest and its philosophy : can Egypt build a socially just economy ?

Fatawa Question

Dear Dr. Kahf, I am a Masters student at the London School of Economics doing some research into whether Egypt now has an opportunity to create a more socially just economy, possibly based on Islamic principles. I am writing an article for an online journal that will launch next term, which would go to students in universities across the country, about political, social and economic issues in Islam. On top of the research I have done I have a couple of questions and was wondering if maybe you, as an expert on Islamic economy, could spare some time to answer them. I have included them below and would really appreciate it if you had the time to give even a short, simple answer. 1) Realistically, do you think the Muslim brotherhood will succeed in their aims to 'protect' the burden of the poor and create a more socially just economy ? 2) How likely is it that there will be any major change in the way Egypt approaches its economic system or strategy ? Thank you for your time. Yours sincerely, Kaamil

Fatwa

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Publication Date

2012-12-29

Main Subjects

Economics & Business Administration
Islamic Studies

Topics

• Islamic jurisprudence
• Economics
• Islamic economics
• Egypt

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-729664

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