Sunday, February 25, 2018

Islamic finance in Europe (146)

Continuation
An overview of ethical and socially responsible investments
Socially responsible investments
Socially responsible investments adhere to agreed negative criteria and actively seek out firms making a positive contribution to society, for example, those which feature:
-      products and services that are of long-term benefit to the community;
-      conservation of energy and natural resources;
-      environmental improvement and pollution control;
-      good relations with customers and suppliers;
-      high employee welfare standards;
-      organic farming and foods;
-      strong community involvement;
-      a good equal opportunities record;
-      respect for the sanctity and dignity of human life;
-      openess about their activities.
From the research paper of European Central Bank

(Authors: F.Mauro, P.Caristi, S.Couderc, A.D.Maria, L.Ho, B.K.Grewal, S.Masciantonio, S. Ongena and S.Zaher)

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