Responsible Investment News

There's lots to admire in the Islamic approach to finance

Driving along listening to Radio New Zealand last week, I tuned in to an economics professor explaining the issues around life insurance for the Muslim community and how very few families affected in Christchurch would have cover in place. There was a discussion about our insurers not offering the type of policies Kiwi Muslims can buy.

We assume the financial system is the same the world over. But it's not.

Our own money-concepts are often at odds with Muslim beliefs, yet it struck me this seemed quite a surprise to other New Zealanders.

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