For a socially and environmentally-concerned ethical economic and financial system The Islamic Economics Unit of the Islamic Foundation was established in 1976, and in a short span of time, it became one of the major centres of Islamic economics in the world. It has developed a specialised library and documentation unit on Islamic economics, banking and finance – perhaps the richest resource centre in Europe in the field. The Unit is not only an academic institution, but organises seminars and conferences for the professional sector, and also provides guidance and advice to the general public on issues pertaining to economic aspects of daily life.