At a time when many critics are calling for tighter regulation of the worldwide financial industry, Muslim scholars are saying that Islamic finance cannot be more tightly controlled for theological reasons. The Islamic finance industry has long been marked by divergent interpretations of Sharia, or Islamic law.
The revival of Jewish life in post-unification Berlin could suffer a setback if the current financial crisis forces the closing of the first rabbinical college opened in central Europe since the Holocaust. As Berlin reporter Josie Cox writes, the Abraham Geiger College is falling short of funds because its donors in Europe and the United States are getting short of cash themselves. Read the full story here.
The Common Word group of Muslim scholars met Christian leaders and theologians in Cambridge and London this week. Discussions in this interfaith dialogue have mostly been theological, based on the idea that the love of God and neighbour is a core dogma of both religions. In a statement on Wednesday, they included a paragraph about the world financial crisis. There have been lots of comments from various faith leaders about the crisis, but this is the first Christian-Muslim statement I’ve seen.
One recurring theme in Pope Benedict’s speeches is the need he sees for Christians to speak out more in public on moral issues. A group of European politicians has taken up the challenge and held a brainstorming session in Paris to “find forms of political commitment that responds to their convictions and to the challenges of the 21st century,” as their hostess, French Housing and Urban Development Minister Christine Boutin, put it. The meeting was held at the Collège des Bernardins, the refurbished medieval college where Benedict spoke only last month about Europe’s Christian roots.