Religion and the Global Money Markets (eBook)

This book focuses on how religion-particularly Christianity, Islam, Judaism, and, to a lesser extent, Hinduism-is shaping the ethos and daily actions of market participants within the global money markets. The concepts inherent within Christianity, Islam, Judaism, and Hinduism are making themselves felt within the global money markets. As Islamic finance led to the introduction of sharia compliant derivatives, for example, Christian investment funds are leading ethical initiatives on Wall Street, the City of London, and elsewhere such as divesting from fossil fuels in response to the climate change emergency. Jewish faith led funds are making significant strides with the further development of impact investments. The concept of Hindu economics is also beginning to shape the actions of some market participants which are tied to the ideals of Mahatma Gandhi.  ?

James Simon Watkins is a Lecturer at ?the University of Law in the UK and is the author of Islamic Finance and Global Capitalism: An Alternative to the Market Economy (2020). He was the Political Adviser at the Embassy of Japan in London and he has worked in the UK Houses of Parliament. He was the Chief Executive of a business group and was a UK Labour Party candidate for the 2014 European Parliament election. ?