The ethics of finance

WITH our societies reeling once more from the shock of the near collapse of global financial systems, what can we learn from what happened to prevent a recurrence?

What principles should underpin banking in a market-based economy? If we were designing the system from scratch – or indeed drawing on the practical wisdom of the faith communities - what would it look like?

This is the focus of a discussion at the 2011 Festival of Spirituality and Peace with Susan Rice, Managing Director of Lloyds Banking Group, Scotland, and Omar Shaikh from the Islamic Finance Council.

They will be in conversation on Tuesday 23 August, from 12.30pm – 1.30pm, at St John’s Church, Princes St, Edinburgh, with Charles Munn, former Chief Executive of the Chartered Institute of Bankers in Scotland and now Chair of the Church of Scotland Special Commission on the Purposes of Economic Activity.