Faith and finance: How religious norms shape modern personal financial decision-making

A thorough understanding of this interaction is important for financial institutions, advisers, and regulators to establish inclusive and fair systems.

Personal finance can be described as a values-neutral discipline, driven by numbers, market mechanisms, and regulatory rules. In practice, the methods where individuals manage their financial lives is partly formed by deeper belief systems and social norms.

Religious traditions are often among the most influential instances, playing a decisive role

Register for free to keep reading

To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.

  • Unlimited access to industry insights
  • Stay on top of key rules and regulatory changes with our Rules Navigator
  • Ad-free experience with no distractions
  • Regular podcasts from trusted external experts
  • Fresh compliance and regulatory content every day