Education Christian Finance

DanielH

Ostrich
Orthodox
I've been thinking of ways to participate in the financial system so my savings aren't eaten by inflation, and was wondering how to do that in a way that doesn't contribute to evil.

One ETF that I found is the Inspire 100 ETF (BIBL) which only invests in large cap companies that don't go against biblical values. It has seen approximately 80% returns since its inception 4 years ago. The things that disqualify a company are:
  • Abortion & abortion advocacy or funding
  • Cannabis retail or cultivation
  • Gambling
  • Alcohol
  • Exploitative worker conditions
  • LGBT advocacy
  • Pornography
  • Tobacco
Inspire also has other ETF's.

What companies, ETF's, commodities, or other investment strategies would you recommend, prioritizing Christian companies and ethics? Crypto (besides stable coins) seems like gambling to me and a huge risk but I would like to see what others have to say. As of writing this I am not invested in anything outside my company's 401k.
 

Eusebius Erasmus

Pelican
Orthodox
Another important consideration is whether your fund invests in interest-bearing assets, which are sinful.

Currently the only group that has found a way around this are the Muslims. I’d look into shariah funds, which avoid interest and also avoid investing in porn, alcohol, tobacco, etc.

Another consideration: do you want to invest in a fund that is tied to Big Pharma?

I recommend also looking into hard assets like land, gold, etc.
 

Basilus of Moro

Sparrow
Orthodox
Another important consideration is whether your fund invests in interest-bearing assets, which are sinful.

Currently the only group that has found a way around this are the Muslims. I’d look into shariah funds, which avoid interest and also avoid investing in porn, alcohol, tobacco, etc.

Another consideration: do you want to invest in a fund that is tied to Big Pharma?

I recommend also looking into hard assets like land, gold, etc.

I've also considered investing in an allegedly Shariah compliant mutual fund, but unfortunately, it's not legitimately interest free. These companies still engage in usury, just below a certain established threshold. It's definitely better than the alternative, though.
 
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