FORUM fOR STABLE CURRENCIES
Record of Meetings held in the Palace of Westminster
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The October 22nd 2003 forum
provided the most intense, controversial and yet always courteous discussions we have held in the dynamic history of the Forum. Three lucid Muslim speakers reflected on the new surge in Islamic Banking, in this country and far beyond. Clear principles of Shariah law were stated by each of the three who introduced the debate, but there were deep contrasts in their approaches to the transition from the long dominant western system to a genuinely interest free Islamic system. The issue lies in an honest appraisal of whether the need to compete with western banking systems leads to the unintended creation of "Halam windows on Haram Palaces"! The vital debate continues.