Some reject investment in the stock market altogether, arguing that it is a form of gambling, or that all lending at interest – traditionally called usury – is wrong. Others draw a distinction between long-term investments that support a particular industry or other economic activity and short-term speculation that is motivated solely by profit.
The Bible appears consistent in criticising usury, although some of the passages in question are open to varied interpretations. Church opposition to usury began to change in the Middle Ages and more quickly in Protestant circles after the Reformation. Some now use the term “usury” to refer to levels of interest that go beyond a reasonable fee for the service provided. To read more about usury, visit our section on money in the Bible and Christian teaching.