Tag: religion

President Obama reads a daily devotional on his BlackBerry

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barack obama

Technology and religion have often been seen as near mutually exclusive. Religion looks to lessons learned a few millennium ago, while technology is constantly trying to replace old understandings of this world with new ones. On the other hand, technology and religion go incredibly well together in that religion has a foundation of communication, which technology is making leaps and bounds in.

President Barack Obama is a great example of how technology and religion are symbiotic. Each morning, Obama reads a devotional on his BlackBerry.

“I pray all the time now — because I’ve got a lot of stuff on my plate and I need guidance all the time,” he said with a laugh during an interview with ABC’s Nightline that was aired Thursday night.

Obama said he receives his daily devotional from Joshua DuBois, his director of faith and neighborhood initiatives.

“That’s how I start my morning. You know, he’s got a passage, scripture, in some cases quotes from other faiths to reflect on. This is something where you just hope that you are aligning your work with His purposes and that you’re attuned to the needs of the people you’re there to serve,” he said. ”

For those looking for a good Bible App, LifeChurch.TV have a free Bible for your BlackBerry. You can download it OTA from youversion.com/bb.

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RIM deemed halal investment for religious Muslims

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saudi-bankers

Halal is an Arabic term used to designate objects and actions which are permissible according to Islamic law. Just as Orthodox Jews will follow kosher laws, religious Muslims have a set of practices deemed acceptable by the religion.

For many religions, there exists an ethical debate about investing in companies that engage in practices that would not be acceptable for followers of the religion to practice. As an investor, you have a responsibility to earn revenue for your clients. Although, if earning that money conflicts with your religious beliefs, you might be inclined to change your investment strategy.

In response to this, Standard & Poor have introduced a sharia-compliant TSX index, looking to tap into the rapidly growing Islamic investor community in Canada and abroad.

The S&P/TSX 60 sharia index re-categorizes equities on the S&P/TSX 60 and excludes all those that do not comply with Islamic law, which is based on the Qur’an. These include companies involved with alcohol, entertainment, pork-related products, tobacco and financial services. As well, companies with certain ratios of cash, leverage, and involvement in non-compliant business activities do not qualify.

Banks are excluded because investors are not allowed to profit from interest, which is considered an unequal distribution of risk.

There are 25 companies on the new index with a combined market capitalization of $328.7 billion, or roughly 73 per cent of total Canadian equity market cap.

Commodities dominate the index, which is very closely tied to its parent. Top 10 holdings include EnCana Corp., Potash Corp. of Saskatchewan and Suncor Energy and of course, Research in Motion.

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