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Faith and Finance - the Edinburgh Finance Declaration and the Global Ethical Finance Initiative

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Committee Room 2
House of Lords, London, SW1A 0PW
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About the Event

In recent years there has been increasing anxiety across the globe that the world’s financial system is not working, not only for ordinary people, much less the poor, but that it is not working properly at all. In addition it would not be overstating the case to say that there also moral outrage in many quarters at what is seen as corruption in high places.

Islam and Christianity represent over half of the world’s population. They are influential in informing not only the value systems in countries where they constitute the majority of the population, but also in shaping the wider moral landscape within which the rest of the people on the planet live their lives.

In response to the atmosphere of widespread concern about economic and financial issues the Church of Scotland and the Islamic Finance Council UK signed a partnership agreement in March 2016 to co-develop an ethical finance solution open to all of society, regardless of race, religion or ethnic background and based on the shared values between the faith traditions. The first landmark result of this partnership was the publication of The Edinburgh Finance Declaration on 22nd October 2018 - an interfaith shared values framework on ethical finance.

October 2019 will see a further step forward with another major conference in Edinburgh organized by the Global Ethical Finance Initiative (GEFI) but before then St Benet’s Institute is holding this session at Westminster to engage with the issues raised by the Edinburgh Finance Declaration and to contribute to thinking on the issues involved. 

A number of speakers who were involved in the development of the Edinburgh Finance Declaration will participate including Omar Shaikh of the United Kingdom Islamic Finance Council (UKIFC).

Please use The Cromwell Green Visitors Entrance and allow 20 minutes to go through security.

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