Sudan Parliament debates Riba ratification
Sudan already has an established Islamic banking system. The question for Sudan is whether to to allow conventional - interest-based - finance back into the financial mix. The argument is that although the concept of Riba is against Shari'ah, the country needs to borrow on the open capital markets as it's facing a huge budget deficit with many essential social services found wanting for funds.
Ahmed Ibrahim al-Tahir said that the government is going to propose a process of consultation with bodies that were concerned about the reintroduction of Riba into the system, including Imams, Shari'ah scholars and Islamic economists.