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Christian Finance
Christian finance is a kind of ethical finance following Christian ethics. 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 Knights Templar (12th century), Mount of piety, Mounts of Piety (appeared in 1462) or the Apostolic Chamber attached directly to the Vatican City, Vatican, a number of operations of a Bank, banking nature (money loan, guarantee) or a financial nature (issuance of securities, investments) is proved, despite the prohibition of usury 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). General description Actors In modern times, if the Catholic clerical finance continues to be on center stage through the Vatican Bank (IOR), many ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ethical Finance
An ethical bank, also known as a social, alternative, civic, or sustainable bank, is a bank concerned with the social and environmental impacts of its investments and loans. The ethical banking movement includes: ethical investment, impact investment, socially responsible investment, corporate social responsibility, and is also related to such movements as the fair trade movement, ethical consumerism, and social enterprise. Other areas of ethical consumerism, such as fair trade labelling, have comprehensive codes and regulations which must be adhered to in order to be certified. Ethical banking has not developed to this point; because of this it is difficult to create a concrete definition that distinguishes ethical banks from conventional banks. Ethical banks are regulated by the same authorities as traditional banks and have to abide by the same rules. While there are differences between ethical banks, they do share a desire to uphold principles in the projects they finance, t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Christian Ethics
Christian ethics, also known as moral theology, is a multi-faceted ethical system: it is a virtue ethic which focuses on building moral character, and a deontological ethic which emphasizes duty. It also incorporates natural law ethics, which is built on the belief that it is the very nature of humans – created in the image of God and capable of morality, cooperation, rationality, discernment and so on – that informs how life should be lived, and that awareness of sin does not require special revelation. Other aspects of Christian ethics, represented by movements such as the social Gospel and liberation theology, may be combined into a fourth area sometimes called prophetic ethics. Christian ethics derives its metaphysical core from the Bible, seeing God as the ultimate source of all power. Evidential, Reformed and volitional epistemology are the three most common forms of Christian epistemology. The variety of ethical perspectives in the Bible has led to repeated disagr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Knights Templar
, colors = White mantle with a red cross , colors_label = Attire , march = , mascot = Two knights riding a single horse , equipment = , equipment_label = , battles = The Crusades, including: , anniversaries = , decorations = , battle_honours = , commander1 = Hugues de Payens , commander1_label = First Grand Master , commander2 = Jacques de Molay , commander2_label = Last Grand Master , commander3 = , commander3_label = , notable_commanders = The Poor Fellow-Soldiers of Christ and of the Temple of Solomon ( la, Pauperes commilitones Christi Templique Salomonici), also known as the Order of Solomon's Temple, the Knights Templar, or simply the Templars, was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mount Of Piety
A mount of piety is an institutional pawnbroker run as a charitable organization, charity in Europe from Renaissance times until today. Similar institutions were established in the colonies of Catholic countries; the Mexican Nacional Monte de Piedad is still in operation. The institutions called ''Monte di Pietà'' originated in 15th-century Italy, where these instutions gave poor people access to loans with reasonable interest rates. It used funds from charitable donors as capital, and made loans to the poor so they could avoid going to exploitative lenders. Borrowers offered valuables as collateral, making the mount of piety more like a pawn shop than a bank. History This fifteenth-century institution originated in Italy; Barnabas of Terni is credited as the originator of the concept. It was developed in cities as an early form of organized Charity (practice), charity, and was intended as a reform against money lending. The public office was organized and operated by the Cath ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Apostolic Chamber
The Apostolic Camera ( la, Camera Apostolica), formerly known as the was an office in the Roman Curia. It was the central board of finance in the papal administrative system and at one time was of great importance in the government of the States of the Church and in the administration of justice, led by the Camerlengo of the Holy Roman Church, originally known as ''camerarius (''chamberlain). In 2022, Pope Francis' apostolic constitution ''Praedicate evangelium'' abolished the office as of 5 June. History The office of camerarius (chamberlain) was established by Pope Urban II. Since the middle of the 12th century the Papal chamberlain (') was a regular member of the Curia, entrusted with the financial management of the papal court. At that early period the income of the papal treasury came chiefly from many kinds of censuses, dues, and tributes paid in from the territory subject to the Pope, and from churches and monasteries immediately dependent on him. Cencius Camerarius (l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vatican City
Vatican City (), officially the Vatican City State ( it, Stato della Città del Vaticano; la, Status Civitatis Vaticanae),—' * german: Vatikanstadt, cf. '—' (in Austria: ') * pl, Miasto Watykańskie, cf. '—' * pt, Cidade do Vaticano—' * es, Ciudad del Vaticano—' is an independent city-state, microstate and enclave and exclave, enclave within Rome, Italy. Also known as The Vatican, the state became independent from Italy in 1929 with the Lateran Treaty, and it is a distinct territory under "full ownership, exclusive dominion, and sovereign authority and jurisdiction" of the Holy See, itself a Sovereignty, sovereign entity of international law, which maintains the city state's Temporal power of the Holy See, temporal, Foreign relations of the Holy See, diplomatic, and spiritual Legal status of the Holy See, independence. With an area of and a 2019 population of about 453, it is the smallest state in the world both by area and List of countries and dependencies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Usury
Usury () is the practice of making unethical or immoral monetary loans that unfairly enrich the lender. The term may be used in a moral sense—condemning taking advantage of others' misfortunes—or in a legal sense, where an interest rate is charged in excess of the maximum rate that is allowed by law. A loan may be considered usurious because of excessive or abusive interest rates or other factors defined by the laws of a state. Someone who practices usury can be called a ''usurer'', but in modern colloquial English may be called a ''loan shark''. In many historical societies including ancient Christian, Jewish, and Islamic societies, usury meant the charging of interest of any kind, and was considered wrong, or was made illegal. During the Sutra period in India (7th to 2nd centuries BC) there were laws prohibiting the highest castes from practicing usury. Similar condemnations are found in religious texts from Buddhism, Judaism (''Loans and interest in Judaism, ribbit'' in He ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vatican Bank
The Institute for the Works of Religion ( it, Istituto per le Opere di Religione; la, Institutum pro Operibus Religionis; abbreviated IOR), commonly known as the Vatican Bank, is a financial institution situated inside Vatican City and run by a Board of Superintendence which reports to a Commission of Cardinals and the Pope. It is not a private bank, as there are no owners or shareholders, but it has been established in the form of a juridical canonical foundation, pursuant to its Statutes. Since 9 July 2014, its President is Jean-Baptiste de Franssu. The IOR is regulated by the Vatican's financial supervisory body AIF (''Autorità di Informazione Finanziaria''). The Institute was founded by papal decree of Pope Pius XII in June 1942. In June 2012, the IOR gave a first presentation of its operations. In July 2013, the Institute launched its own website. On 1 October 2013 it also published its first-ever annual report. On 24 June 2013, Pope Francis created a special investig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pax-Bank
Pax-Bank eG is a German bank that focuses on Christian finance headquartered in Cologne. The bank states that is a german: Bank für Kirche und Caritas (Bank for the Church and Charities), a cooperative Catholic universal bank. Its members consist of institutions of the Catholic Church and private individuals from the clerical field. The bank was founded as self-help organization by and for priests in 1917 in Cologne. The bank was founded as a ''Pax Spar- und Darlehnskasse eGmbH'' as a self-help organization of priests for priests on October 18, 1917 in Cologne. Its forerunner organization was the 1905 founded ''Pax Vereinigung katholischer Kleriker'' from Cologne, in which priests supported each other. Together with the ''Bank für Kirche und Caritas eG'' Paderborn, the ''DKM Darlehenskasse Münster'' and the '' Bank im Bistum Essen'' it is one of the four catholic banks in North Rhine-Westphalia. The banks clients mainly consists of Dioceses, religious orders, church congrega ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Of America
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bible
The Bible (from Koine Greek , , 'the books') is a collection of religious texts or scriptures that are held to be sacred in Christianity, Judaism, Samaritanism, and many other religions. The Bible is an anthologya compilation of texts of a variety of forms originally written in Hebrew, Aramaic, and Koine Greek. These texts include instructions, stories, poetry, and prophecies, among other genres. The collection of materials that are accepted as part of the Bible by a particular religious tradition or community is called a biblical canon. Believers in the Bible generally consider it to be a product of divine inspiration, but the way they understand what that means and interpret the text can vary. The religious texts were compiled by different religious communities into various official collections. The earliest contained the first five books of the Bible. It is called the Torah in Hebrew and the Pentateuch (meaning ''five books'') in Greek; the second oldest part was a coll ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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