Biblically based investing money

While SRI may exclude companies engaged in the tobacco, weapons or gambling industry, it may promote those that financially support pro-choice movements, for example. It starts by uncovering the truth about the investments you own. Take a close look at the companies in your portfolio, including those within the mutual funds or Exchange Traded Funds ETFs you own.

How do those companies make money? Do they use slave labor? Are they manufacturing abortion drugs or selling pornography? Beyond just how they make their money, also consider how companies spend their money. Do they donate to Planned Parenthood? Some inclusive social issues run contrary to some biblical values. Governance issues relate to corporate leadership, internal controls along with malfeasance, and executive pay.

Today, BRI mutual funds and exchange-traded funds are offered through a variety of firms. As with individuals, all companies fall short Romans In both screening and engaging, identifying instances of objectionable activity are necessary. Not all Christians will agree as to what constitutes an objectionable activity.

Differences of opinion and conviction exist with respect to several common objectionable screens. This does not imply that the screening process is hopeless; but rather it does call for awareness of what process is used and oftentimes the establishment of a threshold criteria. A common threshold criteria screen for objectionable activities is to set a maximum percentage of revenue derived from the objectionable activity.

The use of a threshold criteria is a practical approach that many Christians will disagree with. To conclude, here are some recommended best practices for conducting BRI. Know what you own. Define specific actions and categories of business activity that you deem objectionable.

Use BRI screening tools to be aware of issues that may be objectionable e. For the objectionable categories, determine threshold criteria for engagement and threshold criteria for avoidance.

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