Rich history dating back

And the results were far reaching: upon his release from prison in 1990, Nelson Mandela worked with President F. de Klerk to develop a new constitution for South Africa, and both shared the Nobel Peace Prize in 1993.In 2006, the United Nations Principles for Responsible Investment (UN PRI) was released, leading to trillion in signatories’ assets.The information, analysis, and opinions expressed herein are for general and educational purposes only.Nothing contained in this piece is intended to constitute legal, tax, accounting, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type.One of the more common ones is Riba, whose overarching goal is to prevent exploitation.

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Several hundred years later, the Qur’an, thought to have been written between 609 and 632 CE, established guidelines, based on the religious teachings of Islam, which have evolved to what are now Shariah-compliant standards.Impact investing is the latest topic on investors’ radar screen, boasting double-digit growth and widespread acceptance among those seeking to align their portfolios with their personal values. Socially responsible investing (SRI) has a rich history.In Biblical times, ethical investing was mandated by Jewish law.Grounded in a history dating back 3500 years, and driven initially by the idea of doing well by doing good, the scope of SRI has broadened to encompass global change and generate competitive returns.Rather than merely eliminating investments in products that conflict with social, moral, or ethical values (e.g., weapons, alcohol, tobacco, gambling), SRI has evolved to proactively make investments in companies that are creating a positive impact.

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