Lisa Miller

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Islam Bullish In a Bear Market

July 19, 2008 By Lisa Miller

The funny thing about faith-based mutual funds is, well, that there’s anything called a faith-based mutual fund. For one thing, Scripture is full of exhortations against accumulating wealth. The New Testament, especially, repeatedly reminds followers of Christ that earthly wealth means nothing in heaven. “It is easier for a camel to go through the eye of a needle than a rich man to enter the Kingdom of God,” says Jesus. Also, it seems quixotic to apply a religious framework to something as material as the markets. What, after all, does God have to do with mammon? Nevertheless, faith-based funds have grown to nearly $17 billion from $500 million over the past decade, according to Morningstar, which tracks market data.

Filed Under: BeliefWatch: Lisa Miller, Newsweek Tagged With: heaven, Lisa Miller

Lisa Miller

Lisa Miller

Lisa Miller is a staff writer at New York magazine. She is a former columnist for the Washington Post, former senior editor of Newsweek magazine, and author of "Heaven: Our Enduring Fascination with the Afterlife."

About Lisa Miller

Lisa-Miller-Headshot

Lisa Miller is a staff writer at New York magazine. She is the former religion columnist for the Washington Post, former senior editor of Newsweek magazine, and author of "Heaven: Our Enduring Fascination with the Afterlife."

In 2014, Lisa Miller was nominated for the National Magazine Award and featured in Best Magazine Writing of 2014.

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NOMINATED FOR THE NATIONAL MAGAZINE AWARD

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