Tag Archives: Islamic Finance

Alice in Wonderland

The crisis has shaken the world’s financial sector. But eventually the dust will settle and the financial sector will examine its basic principles. The Archbishop of York, one of the Church of England’s senior clerics, recently had some thoughts on the subject.

He said, ‘We find ourselves in a market system which seems to have taken its rules of trade from Alice in Wonderland’.

‘Our country has built its financial strength historically on the manufacturing of goods, where money was the medium of exchange’.