{"id":6539,"date":"2008-01-17T12:00:00","date_gmt":"2008-01-17T12:00:00","guid":{"rendered":"https:\/\/www.hinduismtoday.com\/hpi\/2008\/01\/17\/dow-jones-launches-new-dharma-based-index\/"},"modified":"2008-01-17T12:00:00","modified_gmt":"2008-01-17T12:00:00","slug":"dow-jones-launches-new-dharma-based-index","status":"publish","type":"post","link":"https:\/\/www.hinduismtoday.com\/hpi\/2008\/01\/17\/dow-jones-launches-new-dharma-based-index\/","title":{"rendered":"Dow Jones Launches New Dharma-Based Index"},"content":{"rendered":"<p class=\"source\"><a HREF=\"http:\/\/www.religionnews.com\">www.religionnews.com<\/a><\/p>\n<p class=\"summary\">NEW YORK, USA, January 15, 2008: Financial news powerhouse Dow Jones &#038; Company has launched new &#8220;dharma indexes&#8221; to track the stocks of companies that observe the values of dharma-based religions such as Hinduism and Buddhism.<\/p>\n<p>The Dow Jones Dharma Indexes are the first to measure dharma-compliant stocks and now track more than 3,400 companies globally, including about 1,000 in the U.S. Dharma Investments, a private faith-based Indian firm, partnered with Dow Jones to create the indexes. &#8220;The principle of dharma contains precepts relevant to good conduct, but also the implicit requirement of mindfulness about the sources of wealth &#8212; and therefore responsible investing,&#8221; said Dharma Investment CEO Nitesh Gor.<\/p>\n<p>Advisory committees of religious leaders and scholars will screen and monitor companies&#8217; environmental policies, corporate governance, labor relations and human rights, among other criteria. Companies from business sectors deemed un-dharmic, such as weapons manufacturers, pharmaceuticals, casinos and alcohol, are barred from the index.<\/p>\n<p>Dow Jones says it pioneered faith-based indexes in 1999 with the Islamic Market Indexes, which monitor companies&#8217; compliance with shariah law. The company has no plans for a Christian index, said Dow Jones spokeswoman Naomi Kim.<\/p>\n<p>Interest in socially responsible investing has exploded in recent years, and now encompasses about 10 percent of the $24 trillion investment marketplace, according to the Washington-based Social Investment Forum.<\/p>\n<hr \/>\n","protected":false},"excerpt":{"rendered":"<p>www.religionnews.com NEW YORK, USA, January 15, 2008: Financial news powerhouse Dow Jones &#038; Company has launched new &#8220;dharma indexes&#8221; to,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6539","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/posts\/6539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/comments?post=6539"}],"version-history":[{"count":0,"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/posts\/6539\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/media?parent=6539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/categories?post=6539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/tags?post=6539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}