iarjhssIARJHSSIARJHSS2708-6267https://doi.org/10.47310/iarjhss.2021.v02i01.006An Investigation of Islamic Economic System and its Effects in Attaining Sustainable Development in NigeriaFalmataBabaAbbaDepartment of Economics, Faculty of Social Science, University of Maiduguri, NigeriaThe sustainability of any nation's growth is dependent on how its social justice and economic balance can be sustained. The entire globe aims to provide complete and sustainable jobs and equal job opportunities for all to eliminate forced labor, trafficking in human beings and child labour by 2030. Among other things, this purpose will not be adequately realized if a well-supported and equitable economic structure is not placed in place. Today, the world as a whole, in particular the Third World, is crying out of an economic crisis, consumer prices are not stable in this part of the world, poverty levels continue to increase. The achievement of Sustainable Development by 2030 may be a mirage if immediate steps are not taken to address this problem. It is in this regard that this paper accesses the Islamic economic structure through descriptive study and it effect sustainable development. The paper is hoped to help the government, wealthy Muslim organizations and Muslim scholars in informing Muslims about the importance of Islamic Economic System, as it will also be an eye opener for Muslim traders in their day-to-day dealings, helping them escape usury in their business dealings. The paper will also go a long way in promoting legal business dealings in government activities and between Muslim individuals; hence, the paper addresses the notion of sustainable growth, the Islamic economic system, and the effect on Nigerian society and its system of economic.