NEWS » Islamic Finance: Opportunities for an Inclusive Development
Milan - March 19, 2012
The financial crisis which is nowadays afflicting most European countries has had a significant impact on the real economy and on the society itself. Particularly, a growing number of people are marginalized within the Italian society (not only migrants but also the so called "new poor") as well as within financial circuits and last but not least are prevented from accessing credit. Islamic finance, which is already operational in several European countries, can provide solutions complementary to those advanced by the social and ethical finance to foster a more inclusive development. In this way, it will be contributing to strengthen the Italian society at large.
By organizing a one-day conference on Islamic finance and bringing together some of the major players in the field of Islamic and ethical finance, Islamic Relief Italy in collaboration with ASSAIF, IR Germany and IR International Fundraising intends to share some reflections, case studies and initiatives to help solving the actual financial crisis. Thanks to a significant experience in implementing development projects that are shari’a compliant, Islamic Relief represents an interesting and successful example of Islamic finance initiatives that are born and developed in Europe.
Bancaria is Media Partner of the event organized by Islamic Relief Italia