{"id":432,"date":"2008-01-17T16:01:28","date_gmt":"2008-01-17T16:01:28","guid":{"rendered":"http:\/\/blog.beliefnet.com\/news\/2008\/01\/dow-jones-unveils-dharma-index.php"},"modified":"2008-01-17T16:01:28","modified_gmt":"2008-01-17T16:01:28","slug":"dow-jones-unveils-dharma-index","status":"publish","type":"post","link":"https:\/\/www.beliefnet.com\/columnists\/news\/2008\/01\/dow-jones-unveils-dharma-index","title":{"rendered":"Dow Jones Unveils &#8216;Dharma Index&#8217;"},"content":{"rendered":"<p><strong>Daniel Burke<br \/>\nReligion News Service<\/strong><br \/>\nFinancial news powerhouse Dow Jones &amp; 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.<br \/>\nThe 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., according to the company.<br \/>\nIn addition to the global index, Dow Jones has created dharma indexes for the U.S., Britain, Japan and India.<br \/>\nDharma Investments, a private faith-based Indian firm, partnered with Dow Jones to create the indexes.<br \/>\n&#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.<br \/>\nAdvisory 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.<br \/>\nBhakti Charu Swami of the International Society for Krishna Consciousness said, &#8220;If one only considers the profit motive of an investment without recognizing how that profit was generated, one may unknowingly commit sinful activity. Every link in the entire chain of events is liable for the results.&#8221;<br \/>\nDow 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.<br \/>\nInterest 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.<br \/>\n<em>Copyright 2008 Religion News Service.  All rights reserved.  No part of this transmission may be distributed or reproduced without written permission.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Daniel Burke Religion News Service Financial news powerhouse Dow Jones &amp; 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. The Dow Jones Dharma Indexes are the first to measure dharma-compliant stocks and now track more than 3,400 companies globally,&hellip;<\/p>\n","protected":false},"author":37,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fbia_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-432","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dow Jones Unveils &#039;Dharma Index&#039;<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.beliefnet.com\/columnists\/news\/2008\/01\/dow-jones-unveils-dharma-index\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dow Jones Unveils &#039;Dharma Index&#039;\" \/>\n<meta property=\"og:description\" content=\"Daniel Burke Religion News Service Financial news powerhouse Dow Jones &amp; 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. The Dow Jones Dharma Indexes are the first to measure dharma-compliant stocks and now track more than 3,400 companies globally,&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.beliefnet.com\/columnists\/news\/2008\/01\/dow-jones-unveils-dharma-index\" \/>\n<meta property=\"og:site_name\" content=\"Beliefnet News\" \/>\n<meta property=\"article:published_time\" content=\"2008-01-17T16:01:28+00:00\" \/>\n<meta name=\"author\" content=\"akornfeld\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Dow Jones Unveils 'Dharma Index'","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.beliefnet.com\/columnists\/news\/2008\/01\/dow-jones-unveils-dharma-index","og_locale":"en_US","og_type":"article","og_title":"Dow Jones Unveils 'Dharma Index'","og_description":"Daniel Burke Religion News Service Financial news powerhouse Dow Jones &amp; 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. The Dow Jones Dharma Indexes are the first to measure dharma-compliant stocks and now track more than 3,400 companies globally,&hellip;","og_url":"https:\/\/www.beliefnet.com\/columnists\/news\/2008\/01\/dow-jones-unveils-dharma-index","og_site_name":"Beliefnet News","article_published_time":"2008-01-17T16:01:28+00:00","author":"akornfeld","twitter_card":"summary_large_image","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.beliefnet.com\/columnists\/news\/2008\/01\/dow-jones-unveils-dharma-index","url":"https:\/\/www.beliefnet.com\/columnists\/news\/2008\/01\/dow-jones-unveils-dharma-index","name":"Dow Jones Unveils 'Dharma Index'","isPartOf":{"@id":"https:\/\/www.beliefnet.com\/columnists\/news\/#website"},"datePublished":"2008-01-17T16:01:28+00:00","dateModified":"2008-01-17T16:01:28+00:00","author":{"@id":"https:\/\/www.beliefnet.com\/columnists\/news\/#\/schema\/person\/da3acea0a48aaeb7e77474c2f29f849a"},"breadcrumb":{"@id":"https:\/\/www.beliefnet.com\/columnists\/news\/2008\/01\/dow-jones-unveils-dharma-index#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.beliefnet.com\/columnists\/news\/2008\/01\/dow-jones-unveils-dharma-index"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.beliefnet.com\/columnists\/news\/2008\/01\/dow-jones-unveils-dharma-index#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.beliefnet.com\/columnists\/news"},{"@type":"ListItem","position":2,"name":"Dow Jones Unveils &#8216;Dharma Index&#8217;"}]},{"@type":"WebSite","@id":"https:\/\/www.beliefnet.com\/columnists\/news\/#website","url":"https:\/\/www.beliefnet.com\/columnists\/news\/","name":"Beliefnet News","description":"Top Religious News From Around the World","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.beliefnet.com\/columnists\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.beliefnet.com\/columnists\/news\/#\/schema\/person\/da3acea0a48aaeb7e77474c2f29f849a","name":"akornfeld","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.beliefnet.com\/columnists\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.beliefnet.com\/columnists\/news\/wp-content\/wphb-cache\/gravatar\/dd2\/dd26f111fd1fab06b546769e3bf834f3x96.jpg","contentUrl":"https:\/\/www.beliefnet.com\/columnists\/news\/wp-content\/wphb-cache\/gravatar\/dd2\/dd26f111fd1fab06b546769e3bf834f3x96.jpg","caption":"akornfeld"},"url":"https:\/\/www.beliefnet.com\/columnists\/news\/author\/akornfeld"}]}},"_links":{"self":[{"href":"https:\/\/www.beliefnet.com\/columnists\/news\/wp-json\/wp\/v2\/posts\/432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.beliefnet.com\/columnists\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.beliefnet.com\/columnists\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/news\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/news\/wp-json\/wp\/v2\/comments?post=432"}],"version-history":[{"count":0,"href":"https:\/\/www.beliefnet.com\/columnists\/news\/wp-json\/wp\/v2\/posts\/432\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.beliefnet.com\/columnists\/news\/wp-json\/wp\/v2\/media?parent=432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/news\/wp-json\/wp\/v2\/categories?post=432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/news\/wp-json\/wp\/v2\/tags?post=432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}