Radio Free Europe: March 30, 2007 15:32 GMT

A Muslim himself, Gassner told RFE/RL he thinks Islamic finance needs to create loan programs for the poor that incorporate the Koran’s recommendations on charity.

What we need is not only to exclude things which are forbidden in Islam, but to include things which are recommended by the religion,“ Gassner said. „So we have to look at how we can better finance the poorer people –– how we can include poor people and serve them like clients and earn money with them, having profits even with the poorest. This did not yet reach the Islamic finance community. This is something which we need to look at in the future.“

Aus <>