Are ESB Group’s ideologies and philosophies based on Islamic methods of Finance and Banking? Is the ESB Group affiliated with any political organization?
The ESB Group’s first and foremost priority is based on our mission: alleviating poverty in South Asia and Africa. We are not affiliated with any religious or political organizations, nor do we facilitate movements on part of any religious or political organization. The ESB Group is a non-sectarian organization. In an era of globalization, there are mounting differences not only within continents, but within countries as well. In Africa, for example, you have Muslim countries in the North, such as, Egypt and Sudan, and Christian countries in the West (victims of colonization). In India there’s a growing middle class Hindu and Muslim population, so differences in religion exist at a continent and country level. In Ascent of Money, financial, historian: Niall Ferguson discusses how as part of ancient civilization, Christians did not charge interest. So, to state that our business model is based on Islamic values and only supports Muslim led businesses and operations, in its entirety, is
