Sharia-Compliant ETFs: The First of Many? [View article]
Interest in spiritual matters usually increases with age--and our population is aging. Furthermore, we have just witnessed enormous ethical lapses in business, finance and government. As a result people will naturally turn to higher ethics and faith. Furthermore, research generally (looking at large numbers of studies) indicates that there is no financial penalty) investing in ethical and faith based portfolios over the long term.
I got interested in ethical investing some forty years ago as I believed that when we invest in a company we share in the responsibility for the activities of the company as well as participate in the outcomes of the company's activities. Therefore anyone valuing their personal or spiritual growth has to take these things into account when investing.
I also believe that if everyone does invest according to their personal values, then, since so many of core values are alike -- and are supportive of higher ideals -- that in the long run, only companies employing these higher values will truly prosper.
For anyone interested I have a globally popular site that covers the latest news and research on ethical and spiritual investing. It's at investingforthesoul.com/
Sharia-Compliant ETFs: The First of Many? [View article]
I got interested in ethical investing some forty years ago as I believed that when we invest in a company we share in the responsibility for the activities of the company as well as participate in the outcomes of the company's activities. Therefore anyone valuing their personal or spiritual growth has to take these things into account when investing.
I also believe that if everyone does invest according to their personal values, then, since so many of core values are alike -- and are supportive of higher ideals -- that in the long run, only companies employing these higher values will truly prosper.
For anyone interested I have a globally popular site that covers the latest news and research on ethical and spiritual investing. It's at investingforthesoul.com/
Best wishes, Ron Robins