Faith and finance

The realism of faith and the fantasies of finance

LUKE BRETHERTON: To be a lender and a borrower is to be situated within economic relations of inter-dependence, cooperation and mutual responsibility. But the modern financial sector refuses to recognize human inter-dependence, seeing societies as a crowd of competitive individuals with no real connection or common life.

Islamic finance has something to teach us all and may have more freedom to flourish here in the UK

ELAINE HOUSBY: The main targets of the British government’s attempts to attract Islamic funds are the extractive economies of the Gulf – which offer a narrow interpretation of Islam. Yet look beyond this and it is possible to find deeper principles in Islamic finance that overlap with the strong British tradition of mutualism.

The Just Money campaign

SELINA STONE AND TOM CHIGBO: The Just Money Campaign builds on the actions taken by Citizens UK in the aftermath of the financial crash of 2008. In this essay from ‘God and the Moneylenders’, two community organisers involved in the campaign describe its recent activities and its potential for further impact.