Saudi Ambassador to Australia and New Zealand Hassan Talat Nazer, has reiterated the importance of taking advantage of the economic experience in accordance with the Islamic perspective. In a forum on global economic crisis recently organized here by Islamic Friendship Association of Australia, he has pointed to the need for interaction between Western and Islamic approaches to enhance the options as a way to deal with the global economic crisis. Meanwhile, the forum which was attended by senior economists, university professors and politicians, addressed a number of change initiatives and proposals to mitigate the effects of the global economic crisis in Australia, including proposals to build the first Islamic bank in Australia.
