Terror-free investing describes an

investment strategy In finance, an investment strategy is a set of rules, behaviors or procedures, designed to guide an investor's selection of an investment portfolio. Individuals have different profit objectives, and their individual skills make different tactics an ...

which seeks to maximize

financial return Return on capital (ROC), or return on invested capital (ROIC), is a ratio used in finance, valuation and accounting, as a measure of the profitability and value-creating potential of companies relative to the amount of capital invested by sharehold ...

while assuring investors that the financial instruments in the portfolio are "terror-free". The

Center for Security Policy The Center for Security Policy (CSP) is a US far-right, anti-Muslim, Washington, D.C.-based think tank. The organization's founder and current president is Frank Gaffney Jr. who is known for promoting falsehoods about former U.S. President B ...

, a Washington-based

neoconservative Neoconservatism is a political movement that began in the United States during the 1960s among liberal hawks who became disenchanted with the increasingly pacifist foreign policy of the Democratic Party and with the growing New Left and coun ...

think tank A think tank, or policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-governmenta ...

, is a major force behind the movement. "Terror-free investment is a train that we believe is picking up steam," according to

Frank Gaffney Frank J. Gaffney Jr. (born April 5, 1953) is an American anti-Muslim conspiracy theorist and the founder and president of the Center for Security Policy. In the 1970s and 1980s, he worked for the federal government in multiple posts, including ...

, Jr., a

Reagan Ronald Wilson Reagan ( ; February 6, 1911June 5, 2004) was an American politician, actor, and union leader who served as the 40th president of the United States from 1981 to 1989. He also served as the 33rd governor of California from 1967 ...

-era Defense Department official, and president of the Center for Security Policy. Gaffney claims that one fifth of the portfolios of the largest American pension funds are in companies doing business in countries listed by the US as

state sponsors of terrorism "State Sponsors of Terrorism" is a designation applied by the United States Department of State to countries which the Department alleges to have "repeatedly provided support for acts of international terrorism". Inclusion on the list imposes ...

Cuba Cuba ( , ), officially the Republic of Cuba ( es, República de Cuba, links=no ), is an island country comprising the island of Cuba, as well as Isla de la Juventud and several minor archipelagos. Cuba is located where the northern Caribbea ...

Iran Iran, officially the Islamic Republic of Iran, and also called Persia, is a country located in Western Asia. It is bordered by Iraq and Turkey to the west, by Azerbaijan and Armenia to the northwest, by the Caspian Sea and Turkmeni ...

North Korea North Korea, officially the Democratic People's Republic of Korea (DPRK), is a country in East Asia. It constitutes the northern half of the Korea, Korean Peninsula and shares borders with China and Russia to the north, at the Yalu River, Y ...

Sudan Sudan ( or ; ar, السودان, as-Sūdān, officially the Republic of the Sudan ( ar, جمهورية السودان, link=no, Jumhūriyyat as-Sūdān), is a country in Northeast Africa. It shares borders with the Central African Republic t ...

, and

Syria Syria ( ar, سُورِيَا or سُورِيَة, translit=Sūriyā), officially the Syrian Arab Republic ( ar, الجمهورية العربية السورية, al-Jumhūrīyah al-ʻArabīyah as-Sūrīyah), is a Western Asian country loc ...

. The Global Security Risk Monitor of the Conflict Securities Advisory Group is a research group established to attract clients interested in "Terror-Free Investing," by assuring them that none of their investments will aid groups or states that are considered by the US as sponsors of terrorism. Eighteen American states have passed laws requiring the

divestment In finance and economics, divestment or divestiture is the reduction of some kind of asset for financial, ethical, or political objectives or sale of an existing business by a firm. A divestment is the opposite of an investment. Divestiture is a ...

of state pension funds from firms doing business with Iran,The Pension Fund Attack On Iran, Niv Elis, 10.16.09, Forbes
/ref> due in part to accusations that Iran supports terrorist organizations, and partially due to its controversial nuclear program.

References

{{reflist Investment management Corporate conduct Counterterrorism de:Ethisches Investment

See also

References