The London Islamic Network for the Environment invites you to:
BANKING, ECONOMICS & CLIMATE CHANGE
A workshop organised by LINE within a London International Forum on Climate Change.
Date: Sat 14th June 2008
Time: 3pm - 4.30pm*
Venue: Room S 5*,
South Camden Community School, Charrington Street, London, NW1 1RG (Nearest Tubes: Warren Street, Kings Cross or Euston) ; Streetmap: Click here
Tarek El Diwany (Author, Editor - islamic-finance.com)
Canon Peter Challen (Chair, Christian Council for Monetary Justice)
Colin Baines ( Ethics Adviser - The Co-operative Group/Bank)
This workshop will consider nature of the dominant banking system, including the effect of the lending of money with compound interest, and the extent to
which this causes the economy to be disconnected from the natural world. It will also consider the
influence of the dominant banking model on economic activity and climate change. The
workshop will also explore alternative systems of economics and local
For a fuller handout on questions to be addressed at the workshop click here
Tarek El Diwany graduated in Accounting and
Finance from Lancaster University in the United Kingdom in 1985. Tarek
has worked as an interest rate derivatives dealer in the government bond
market, and as head of Islamic finance for a major financial institution
based in London . In 1997, he completed the first edition of The Problem
With Interest, and in the same year launched www.islamic-finance.com,
where he is now the Editor. In addition to his work as a writer, Tarek
is a partner at Zest Advisory LLP, a London-based firm providing
consulting services in Islamic banking and finance, and is a frequent
speaker on the topic of Islamic banking at conferences throughout the world.
Canon Peter Challen chairs the Christian Council for Monetary Justice and moderates the London Global Table on inclusive Monetary Justice. He was formerly Senior Chaplain of the ecumenical South London Industrial Mission (SLIM) for 29 years; Sloan Fellow of the London Business School; Fellow of the RSA; and member of the 'Living Systems Work Group.' He chaired the Southwark Credit Union Development Association and works with the LETSlink London group to find synergy between Credit Unions and Local Exchange Trading Systems.
Colin Baines is an Ethics Adviser to The Co-operative Group, involved with The Co-operative Bank and CIS' ethical finance policies. During 2006/07 he declined some £270 million of bank loans for ethical reasons. He is currently undertaking CIS shareholder engagement with oil companies who are in opposition to unconventional fossil fuel exploitation, and is working with NGO's and investors to instigate a shareholder activist campaign on the issue. Colin's remit extends to the Group's social and environmental public policy activities; he has recently lobbied the EU for biofuel sustainability criteria and the UK government for renewable energy feed-in tariffs. He has spoken at a number of CSR and ethical finance events throughout Europe and contributed to numerous think tank reports.
This is one of a number of workshops at the weekend forum. Donations are welcome on entry to the forum. (Recommended donation of £5 for 1 day, £8 for 2 days. Please contact the conference organisers if you have difficulty paying this.)
To register in advance for the forum see http://www.campaigncc.org/forum.shtml . Registration guarantees access to the Forum and preferential entry to oversubscribed seminars & workshops but is not essential.
*Please also visit http://www.campaigncc.org/forum.shtml for up-to-date information.