Muslims in Birmingham last night staged a conference to help offer solutions to global debt.
Speakers examined global debt and possible solutions at the meeting by Birmingham-based charity Islamic Relief.
Prof Michael Taylor, Emeritus Professor of Social Theology at the University of Birmingham, delivered a talk entitled The Problem with Debt. Tarek El-Diwany, a consultant and researcher in Islamic finance, suggested practical solutions to the debt crisis derived from Muslim teachings.
Hamayoon Sultan, development education co-ordinator at Islamic Relief, said: "Over three billion people are forced to survive on little more than $2 (about £1) a day, whilst a huge amount of money is diverted to pay off poor countries' debt.
"Whilst the unpayable debts of some countries have been cancelled, many changes must be made to the international financial system to secure a hopeful future for some of the world’s poorest people. This seminar will attempt to start this dialogue."
The conference was at the day centre in Birmingham Central Mosque, on Highgate Road.
