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Faith-Based Mutual Funds
Faith-based or morally responsible mutual funds are one of the fastest growing subsets of socially responsible investing. Investors buy shares in companies based upon Catholic, Protestant and Islamic principles. The unique screens include avoiding financial institutions as well as companies engaged in abortion or pork-processing.
Amana Mutual Funds Trust
Amana Mutual Funds Trust invests by applying Islamic principles. The two funds, Amana Growth and Amana Income include companies who process pork, produce alcohol or are involved in gambling and insurance among its screens.
The Timothy Plan
The Timothy Plan avoids investing in companies that are involved in practices contrary to Judeo-Christian principles. It is a biblically based mutual fund family.
MMA Praxis Mutual Funds - Profile of the MMA Praxis Mutual Funds
MMA Praxis Mutual Funds are affiliated with the Mennonite Mutual Aid, a paternal benefits society of member of the Mennonite Church USA. Fund managers practice "stewardship investing," a philosophy of social and financial considerations formed through their faith.
New Covenant Funds
The New Covenant Funds are a family of mutual funds affiliated with the Presbyterian Church. Management believes in rigorous shareholder activism, engaging companies in dialogue about offending policies and regularly filing shareholder resolutions.
Ave Maria Mutual Funds
The Ave Maria Funds are a family of mutual funds that invest following the guidelines of the Catholic Church.
LKCM Aquinas Funds
LKCM Aquinas Funds are a family of mutual funds that invest according to guidelines set forth by the United States Conference of Catholic Bishops. The funds screen for companies engaged in abortion, embryonic stem cell research and weapons of mass destruction; and that have poor environmental, human rights records and employment records.