Christian finance

Christian finance is a line of ethical finance following Christian ethics. Christian finance is characterized by the existence of three dimensions: personal actors, operational operations, in addition to dogmatic principles.

Worldwide development

The Christian Finance Observatory "OFCCFO", a non-profit international organization, gathering professionals of Christian ethical finance, announced in 2015 the publication of a "Fundamental Charter of Christian Ethical Finance". number one codification of the genre, the Charter considers the various schools of Christian thoughts Protestant, Catholic as well as Orthodox on financial matters and is available in many languages. Beyond general principles, the Charter species out a practical codification of financial practices, and provides sorting between practices considered as virtuous and those considered as non-virtuous. The drafting committee brought together participants from several countries Belgium, Luxembourg, Switzerland, Germany and France.

S&P Dow Jones Indices created in August 2015 a new index that excludes house apparently involved in activities that are deemed inconsistent with Catholic values. The OFCCFO's EXCELSIS Rating Committee considered that the product "S&P 500 Catholic Values Index" is eligible to the Quality names EXCELSIS, rating should be "B-" best is A+, worst is C-.

According to Russian press, a chain of businessmen draw started workings December 2014 to the defining of an Orthodox bank and investment fund. Archpriest Vsevolod Chaplin has welcomed the project because it would rectify usurious mechanisms.