Category - finance

Where to get an Islamic Mortgage

staff writers — Thu, 20 Aug 2009 14:56:35 +0100

The Islamic mortgage is actually known as a "Home Purchase Plan". This is intentional and a reflection of the fact that no interest is charged on an Islamic mortgage.

Britain to argue for radical reform of World Bank

staff writers — Mon, 23 Feb 2009 09:44:02 +0000

UK government development secretary Douglas Alexander is set to unveil a British plan for radical reforms to the World Bank, aimed at making it focus on tackling poverty more effectively.

Global labour chief says civil society must be heard on finance crisis

Stephen Brown — Thu, 19 Feb 2009 00:03:12 +0000

The global financial crisis may increase social conflict, says the head of the International Labour Office, claiming that civil society groups have an important role in helping those affected to be heard.

Living in a debtors' prison

Giles Fraser — Wed, 14 Jan 2009 00:47:24 +0000

Debt isn't just a political and economic issue, it's a human tragedy, says Giles Fraser. And it raises the most profound spiritual, ethical and pastoral questions for us all.

WCC says world needs a new international financial architecture

agency reporter — Fri, 14 Nov 2008 18:43:00 +0000

As many "responsible for the current financial meltdown" meet "behind closed doors in Washington" to discuss the future of the global economy, the World Council of Churches has challenged the legitimacy of the "G20" group.

Economic greed is a spiritual crisis

Ann Pettifor — Sun, 12 Oct 2008 13:19:07 +0100

The current global financial crisis is a spiritual one with usury at its heart, argues political economist Ann Pettifor. In spite of the Gospel message, Christians have also colluded in idolising wealth above people and planet.

Time to invest practically in social change

Patrick Hynes — Fri, 03 Oct 2008 00:30:17 +0100

The current global financial crisis is not a counsel of despair, says Patrick Hynes. It is an opportunity to review our priorities and invest practically for change through agencies like Oikocredit.

Tackling the 'credit crunch' justly

Patrick Hynes — Fri, 28 Mar 2008 10:28:31 +0000

Everyone is talking about the 'credit crunch'. Patrick Hynes, from Oikocredit, reflects on how access to fair finance continues to be a problem for people who are poor, and proposes a simple solution.

Fair trade shows that ordinary people can bring change

Press Office — Wed, 27 Feb 2008 10:21:39 +0000

The religion and society think-tank Ekklesia, which actively backs Fair Trade initiatives as part of its work in exploring alternative economic and social policies, says that the just trade movemen

Turning economics upside-down

Jonathan Bartley — Sun, 10 Feb 2008 02:47:52 +0000

What would happen if just a small proportion of the £1.25 trillion in consumer debt we all owe on was defaulted upon or suddenly called in? Jonathan Bartley looks at economic revolutions, and revolutionizing economics from the standpoint of the Gospel.