Religion and the Global Money Markets: Exploring the Influence of Christianity, Islam, Judaism and Hinduism

This book explores how religion, particularly Christianity, Islam, Judaism, and Hinduism, is influencing the ethos and actions of market participants in the global money markets. It highlights examples such as Christian investment funds engaging in ethical initiatives, Jewish faith-led funds making significant progress in impact investments, and Hindu economics shaping the actions of market participants associated with Mahatma Gandhi's ideals.

Format: Hardback
Length: 464 pages
Publication date: 19 August 2022
Publisher: Springer International Publishing AG

This captivating book delves into the profound influence of religion, particularly Christianity, Islam, Judaism, and Hinduism, on the ethos and daily actions of market participants within the global money markets. The concepts inherent within these religions are emerging as powerful forces shaping the financial landscape.

Take, for instance, the impact of Islamic finance on the introduction of sharia-compliant derivatives. This development has led Christian investment funds to spearhead ethical initiatives on Wall Street, in the City of London, and other financial hubs. They are actively engaging in divesting from fossil fuels in response to the urgent climate change emergency, aligning their investments with their values of sustainability and social responsibility.

Similarly, Jewish faith-led funds are making significant strides in the field of impact investments. They are dedicated to generating positive social and environmental outcomes while generating financial returns, contributing to a more sustainable and equitable world.

Furthermore, the concept of Hindu economics is also beginning to shape the actions of certain market participants who are deeply influenced by the ideals of Mahatma Gandhi. These individuals are integrating the principles of nonviolence, social justice, and sustainable development into their financial strategies, seeking to create a harmonious balance between economic growth and environmental stewardship.

The interplay between religion, finance, and ethical principles is a complex and evolving landscape. This book offers a valuable exploration of how these forces are shaping the world of finance, providing insights into the ethical considerations and sustainable practices that are driving the financial industry forward. As we navigate the rapidly changing financial landscape, it is essential to understand the role that religion plays in shaping our economic decisions and the impact they have on our collective future.

Weight: 750g
Dimension: 210 x 148 (mm)
ISBN-13: 9783031044151
Edition number: 1st ed. 2022