Tag: Finance

The long-standing theory has been that the higher educated someone is the less religious he will be. But new research in 60 countries proves otherwise. It is economic security that leaves churches empty.

London has become one of the world’s biggest centres for Islamic finance since the 9/11 terror attacks eight years ago.

Most practitioners of Islamic finance pride themselves on their modesty. But not Adnan Yousif, the chairman of the Union of Arab Banks, a regional club for financial firms. He has recently struck a tone more reminiscent of greed-is-good Wall Street, with a grand plan to build the biggest Islamic bank yet seen, spanning the world and providing Muslim countries with new financial services their people have barely heard of.

The BBC’s Religious Affairs correspondent reports on the renewed interest in Islamic finance - and how to go about renouncing your baptism.