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Religion and the Global Money Markets

Exploring the Influence of Christianity, Islam, Judaism and Hinduism

James Simon Watkins

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Springer International Publishing img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Einzelne Wirtschaftszweige, Branchen

Beschreibung

This book focuses on how religion—particularly Christianity, Islam, Judaism, and, to a lesser extent, Hinduism—is shaping the ethos and daily actions of market participants within the global money markets. The concepts inherent within Christianity, Islam, Judaism, and Hinduism are making themselves felt within the global money markets. As Islamic finance led to the introduction of sharia compliant derivatives, for example, Christian investment funds are leading ethical initiatives on Wall Street, the City of London, and elsewhere such as divesting from fossil fuels in response to the climate change emergency. Jewish faith led funds are making significant strides with the further development of impact investments. The concept of Hindu economics is also beginning to shape the actions of some market participants which are tied to the ideals of Mahatma Gandhi.  ​


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Schlagwörter

Christian investment funds, Islamic finance, contemporary trends in the money markets, religion and the money markets, how market conditions are influenced by religious ideas, religion and its impact on money markets, Hindu economics, shari’a compliant investment funds