822:
989:(Protestant, Catholic and Orthodox) on financial matters and is available in many languages. Beyond general principles, the Charter set out a practical codification of financial practices, and makes 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).
942:
If certain financial transactions were explicitly condemned because they circumvented the prohibition of usury (e.g. Mohatra contract), the operations of contemporary
Catholic bank is characterized by their search for solidarity and the distribution of benefits in favor of the poor. For example, Liga
997:
S&P Dow Jones
Indices created in August 2015 a new index that excludes companies 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
988:
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". The Charter considers the various schools of Christian thoughts
974:
In his book "Catholic
Finance" (in French: “Finance catholique”), Dr. Antoine Cuny de la Verryère presents seven principles for a Catholic finance (named "princificats"). Some of them are inspired from the principles of Islamic finance: prohibition of short-termism, prohibition of non-virtuous
933:
In France, if the
General Union presented ostensibly as a Catholic credit institution, today, social finance (non-religious ethical finance) seems to have completely replaced Christian finance (e.g. Credit coopératif, Caisses de crédit municipal). However, with regard to ethical principles
1012:
According to
Russian press, a group of businessmen have started working December 2014 to the creation of an Orthodox bank and investment fund. Archpriest Vsevolod Chaplin has welcomed the project because it would rectify usurious mechanisms.
900:
and the Church distrust against exchange activities (opposed to production activities). Christian finance is characterized by the existence of three dimensions: personal (actors), operational (operations), and dogmatic (principles).
876:. Although not widely used, the notion of "Christian finance" or "Catholic finance" refers to banking and financial activities which came into existence several centuries ago. Whether the activities of the
975:
investment, obligation to give priority to virtuous savings, prohibition of unjust profits, obligation to share profits, obligation of transparency, and obligation of financial exemplary.
1237:
971:
took more often positions on financial matters. In
October 2011, someone published a note "Reform of the international financial system with a view toward a general public Authority".
934:
implemented and their historically
Catholic origin, many actors of the solidarity finance can be attached to the category of Christian finance ("Catho-compatible players").
955:, Catholic finance claims to supervise banking operations and financial activities with moral principles directly from the interpretation of Christian religious texts (
930:(e.g. Catholic Family Federal Credit Union, Holy Rosary Credit Union). Other Christian community actors exist (e.g. Christian Community Credit Union, Kingdom Bank).
852:
1266:
1245:
923:
1202:
968:
691:
896:(money loan, guarantee) or a financial nature (issuance of securities, investments) were practiced, despite the prohibition of
845:
280:
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1330:
838:
215:
1090:
381:
1007:
826:
721:
441:
431:
751:
1048:
1335:
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1226:
A.R. Cuny de la Verryère, The advent of
Christian investment,global pulse magazine, September 18, 2015
1325:
674:
602:
23:
964:
927:
210:
1028:
N. Ferrier/V. Maymo, Peut-on parler d'une finance catholique ?, Revue Banque n°750, juin 2012
776:
726:
607:
335:
205:
786:
185:
1267:"Quality Label EXCELSIS – Observatoire de Finance Chrétienne – Christian Finance Observatory"
960:
781:
426:
116:
86:
71:
1292:"Archpriest Vsevolod Chaplin: Orthodox banking rescue from crisis | Russian news and facts"
1206:
686:
494:
391:
355:
200:
133:
81:
8:
943:
Bank offers credit cards whose commissions are donated to charities supporting children.
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741:
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345:
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156:
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567:
519:
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503:
476:
461:
232:
195:
1203:"The Charta – Observatoire de Finance Chrétienne – Christian Finance Observatory"
952:
918:(IOR), and many Catholic lay financial players also exist, both in Germany (e.g.
914:
In modern times, Catholic clerical finance continues to be conducted through the
877:
869:
771:
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148:
111:
101:
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1299:
1192:
A.R. Cuny de la Verryère, Finance catholique, edit. EMS, 2013, p. 122 et s.
1183:
A.R. Cuny de la Verryère, Finance catholique, edit. EMS, 2013, p. 135 et s.
915:
889:
681:
557:
421:
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295:
242:
96:
1174:
A.R. Cuny de la Verryère, Finance catholique, edit. EMS, 2013, p. 39 et s.
1037:
J. Le Goff, Marchands et banquiers au Moyen Âge, Puf
Quadrige, 2011, p. 75
1046:
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250:
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76:
44:
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766:
290:
255:
190:
54:
49:
967:). Also, since the subprime financial crisis, it was found that the
919:
143:
998:
Label EXCELSIS, rating should be "B−" (best is A+, worst is C−).
499:
275:
1154:
821:
627:
1238:"Standard and Poors launch S&P 500 Catholic Values Index"
956:
897:
893:
1136:
1069:
1115:
1047:Christoph Berndorff; Gerd Greven; Winfried Hinzen.
16:Type of ethical finance following Christian ethic
1317:
846:
1001:
853:
839:
978:
969:Pontifical Council for Justice and Peace
1235:
1016:
1318:
1091:"Catholic Family Federal Credit Union"
904:
937:
13:
14:
1347:
827:Business and economics portal
1141:Christian Community Credit Union
992:
820:
1284:
1259:
1229:
1220:
1195:
1186:
1177:
959:) and from the doctrine of the
1236:Brinded, Lianna (2015-08-19).
1168:
1147:
1129:
1108:
1083:
1062:
1040:
1031:
1022:
963:(Treaty of virtues and vices,
892:, a number of operations of a
1:
1070:"Privatkunden - LIGA Bank eG"
1008:Eastern Orthodox Christianity
946:
926:, Darlehenskasse DKM) or the
722:Commons-based peer production
442:Socialism of the 21st century
1298:. 2014-12-22. Archived from
1049:"Bank of Church and Caritas"
7:
1093:. Cffcu.com. Archived from
10:
1352:
1116:"Holy Rosary Credit Union"
1005:
884:(appeared in 1462) or the
983:
909:
888:attached directly to the
216:Socialist-oriented market
1331:Economy and Christianity
1002:Eastern Orthodox finance
965:Catholic social teaching
928:United States of America
979:Worldwide development
961:Roman Catholic Church
1017:Notes and references
752:Newly industrialized
495:Collective ownership
356:Vertical archipelago
905:General description
737:Inclusive Democracy
1336:Financial services
938:Financial products
675:Material balancing
157:Buddhist economics
886:Apostolic Chamber
866:Christian finance
863:
862:
373:By regional model
167:Sabbath economics
1343:
1326:Christian ethics
1311:
1310:
1308:
1307:
1288:
1282:
1281:
1279:
1278:
1269:. Archived from
1263:
1257:
1256:
1254:
1253:
1244:. Archived from
1242:Business Insider
1233:
1227:
1224:
1218:
1217:
1215:
1214:
1205:. Archived from
1199:
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880:(12th century),
874:Christian ethics
855:
848:
841:
825:
824:
583:Municipalization
568:Financialization
538:Collectivization
520:Social ownership
510:Private property
504:Common ownership
462:Common ownership
276:Closed (autarky)
233:State capitalism
211:Socialist market
196:Market socialist
32:Economic systems
19:
18:
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953:Islamic finance
949:
940:
912:
907:
882:Mounts of Piety
878:Knights Templar
870:ethical finance
859:
819:
812:
811:
777:Post-industrial
772:Post-capitalist
732:Hunter-gatherer
717:
709:
708:
623:
615:
614:
593:Nationalization
553:Demutualization
548:Corporatization
533:
525:
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515:State ownership
490:
482:
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457:
449:
448:
374:
366:
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336:Robinson Crusoe
271:
270:By coordination
263:
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247:Traditionalist
107:Neomercantilist
67:
59:
40:
17:
12:
11:
5:
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1157:. Kingdom Bank
1155:"Kingdom Bank"
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1006:Main article:
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894:banking nature
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787:Resource-based
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1302:on 2015-12-22
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1273:on 2016-12-23
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1097:on 2016-03-23
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1072:. Ligabank.de
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1304:. Retrieved
1300:the original
1296:ru-facts.com
1295:
1286:
1275:. Retrieved
1271:the original
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1250:. Retrieved
1246:the original
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1231:
1222:
1211:. Retrieved
1207:the original
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1179:
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1159:. Retrieved
1149:
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1131:
1120:. Retrieved
1110:
1099:. Retrieved
1095:the original
1085:
1074:. Retrieved
1064:
1053:. Retrieved
1042:
1033:
1024:
1011:
996:
987:
973:
950:
941:
932:
916:Vatican Bank
913:
865:
864:
692:Peer-to-peer
687:Self-managed
622:Coordination
558:Deregulation
243:Distributist
161:
97:Mercantilist
797:Traditional
747:Manorialism
742:Information
716:Other types
702:Open access
665:Cybernetics
407:Anglo-Saxon
392:Singaporean
351:Underground
346:Subsistence
251:Corporatist
226:Syndicalist
186:Communalist
72:Associative
66:By ideology
39:Major types
1320:Categories
1306:2024-06-15
1277:2016-12-22
1252:2024-06-15
1213:2016-12-22
1161:2016-06-10
1137:"Homepage"
1122:2016-06-10
1118:. Hrcu.org
1101:2016-06-10
1076:2016-06-10
1055:2016-06-10
1051:. Pax-Bank
947:Principles
872:following
802:Transition
762:Plantation
670:Indicative
532:Transition
382:East Asian
153:Religious
129:Democratic
102:Neoliberal
87:Democratic
77:Capitalist
45:Capitalism
924:Liga Bank
767:Plutonomy
648:Regulated
477:Voluntary
403:European
256:Feudalism
201:Mutualist
191:Communist
181:Socialist
162:Christian
82:Corporate
55:Communism
50:Socialism
951:As with
920:Pax-Bank
655:Planning
306:Informal
291:Dirigist
144:Georgist
139:Feminist
24:a series
22:Part of
890:Vatican
697:Sharing
660:In kind
608:Marxist
500:Commons
467:Private
456:Sectors
427:Rhenish
397:Keralan
387:Chinese
361:Virtual
341:Sharing
331:Planned
321:Natural
286:Digital
174:Islamic
134:Fascist
122:Welfare
984:Europe
910:Actors
757:Palace
633:Market
628:Barter
472:Public
432:Soviet
417:Nordic
412:German
378:Asian
311:Market
957:Bible
898:usury
807:World
792:Token
682:Price
422:Dutch
316:Mixed
221:State
149:Green
643:Open
638:Free
326:Open
301:Gift
296:Dual
1322::
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26:on
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502:(
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.