Islamic finance

What role do faith-based organisations play in supporting people in financial need?

Drawing on preliminary results from Faith and Finance Survey, we are uncovering a variety of ways in which faith-based organisations and charities are making a significant contribution to alleviating poverty, tackling financial exclusion and advocating ethical products and interest-free forms of credit.

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.