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New Dharma Stock Indexes Announced

By Howard Friedman

Dow-Jones announced today that it is launching a new series of stock indexes-- the Dow Jones Dharma Index series. The new indexes are designed to measure the performance of stocks selected according to the values of Dharmic religions, especially Hinduism and Buddhism. Noting the growth of faith-based investing, Nitesh Gor, CEO of Dharma Investments which co-developed the indexes, said: "The Dow Jones Dharma Index brings together a combination of environmental, social, governance and traditional sin sector filters. As such, the Index is unique and will not just have appeal to the religious, but to a far broader audience as well."

Full post as published by Religion Clause on January 15, 2008 (boomark / email).