This is an article published in Forbes, Nov. 2012.
"Christian investment vehicles have always struggled. When the FaithShares ETF launched in December 2009, it was to significant press. The founders rang the opening bell on the floor of the New York Stock Exchange, and the Christian and secular press covered their launch. The funds allowed retail investors to put money into stocks based on the recommendations of their denominations. Baptists could avoid liquor while Methodists could avoid gambling profits. However, 18 months after the high-profile launch, FaithShares went defunct..."
