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In the absence of any Rosetta Stone-style surface that shows something in both MudoScript (Mudosian?) and English, I'm assuming that the symbols are just there for decoration.
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In the directories, the phases appear to be labeling things. If it is in fact a reflection of the English alphabet, we would at least be able to have supporting evidence for possible phrase meanings based on their context. If a label next to a "bell" shares the same last three symbols as the label next to a "well", you could at least have a more confident guess as to what each symbol represents. You could then try plugging those values into other labels containing those symbols, to see if they too form English words.