IslamicFinance.de

There is a growing number of faith-based exchange-traded funds that attempt to marry moneymaking with religious principles. In the spring, Silicon Valley-based Inspire Investing launched its Global Hope Large Cap and its Small/Mid Cap Impact ETFs, pledging to apply Christian values as a screen. Those products join Global X’s Catholic Values ETF, which applies the investment guidelines of the U.S. Conference of Catholic Bishops. Inspire’s funds have garnered a respectable $80 million in their first six months and CEO Robert Netzly believes that biblically responsible investing will be the fastest-growing investment niche over the next decade. Investment giant Blackrock offers Islamic-oriented ETFs that are shariah-compliant. There are not any specifically Jewish-themed ETFs at the moment, but this can change easily. Juggling core values and full-on capitalism, however, remains a delicate business.