No. The Bible does not condemn wealth. Scripture warns against the love of money (1 Timothy 6:10) but commends faithful stewardship. Abraham, Solomon, Lydia, and Joseph of Arimathea all held wealth and used it to honour God's purposes. In this article, we explore:
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What the Bible actually says about Christians and wealth
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How stewardship shapes the way Christians can think about investing
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A Canadian investment solution built specifically around biblical principles
When the apostle Paul wrote to Timothy about wealth, he didn't tell the rich to stop being rich. He told them to "be rich in good works" (1 Timothy 6:18). That single instruction reframes the question most Christians have been asking for centuries. The real question was never "Is wealth sinful?" It was always "How do I steward wealth in a way that honours God?"
The Bible does not condemn wealth itself. It warns against the love of money and calls Christians to steward wealth faithfully.
Scripture draws a clear line between possession and obsession. "The love of money is a root of all kinds of evil" (1 Timothy 6:10). Notice: the love of money, not money itself.
What Does the Bible Say About Wealth?
The Bible does not treat wealth as morally tainted. Abraham was "very rich in livestock, in silver, and in gold" (Genesis 13:2). When Solomon asked for wisdom rather than riches, God gave him both (1 Kings 3:11–13). Lydia, the businesswoman in Acts 16, used her resources to host and support the early church. Jesus Himself had meaningful relationships with those who had wealth. And it was Joseph of Arimathea, a wealthy member of the Jewish council, who used his assets to serve the disciples and Jesus by providing them with a tomb after Jesus’s crucifixion.
Scripture commended each of them.
If wealth were inherently sinful, God would not have entrusted those with it to be stewards of how His story unfolds.
And throughout Scripture, we see a pattern: wealth, like money, becomes meaningful when it serves purposes greater than the person holding it. Paul's instruction to Timothy reinforced this. He didn't say "give it all away." He said be generous, ready to share, and store up treasure for the life to come. The Bible’s word for this pattern is stewardship.
How Should Christians Manage Wealth Biblically?
The Psalms remind us that "every animal of the forest is mine, and the cattle on a thousand hills" (Psalm 50:10). Christians are managers, not owners. Everything belongs to God; we steward it on His behalf.
Christian author Randy Alcorn puts it well: “God prospers us not simply to raise our standard of living but to raise our standard of giving.” In other words, to use wealth in a way that reflects the character and nature of God as a creator, giver, sustainer, and provider. This is why you don’t see or read God punishing anyone for being wealthy. Rather, we see a refrain of inquiry throughout Scripture, a regular asking of us to consider how we’re called to relate to the things God has given us, as a reminder that it’s not an end-all in this life. "If you are untrustworthy with worldly wealth, who will trust you with true riches?" (Luke 16:11).
What this means, then, for stewards is that we consider how every financial decision carries weight: where money is invested, the companies it supports, and how a portfolio grows.
Understanding this intellectually is one thing. Living it through deliberate financial decisions is another. We also recognise it can be difficult to discern and make sense of the market in light of God’s invitation to consider how we relate to our wealth.
What Is Biblically Informed Investing?
Biblically informed investing is a professionally managed approach to building an investment portfolio that applies biblical principles to stock selection and ongoing research. It allows investors to grow their capital while ensuring their holdings align with the biblical pattern of stewardship.
Stewardship is the pattern. But for most Canadian Christians who want their investments to reflect that pattern, the options have been limited. Until recently, there was no broadly accessible, professionally managed investment solution in Canada built specifically around biblical principles.
Capstone Asset Management changed that in late October, 2025, with the launch of the Capstone Biblically Informed Canadian Equity and U.S. Equity Funds. These funds combine disciplined portfolio management, rooted in the proven Capstone Canadian Equity Income Strategy, with a rigorous values-based research process.
That research process is built on four guiding principles:
- Valuing Human Life
- Stewarding Creation Responsibly
- Encouraging Human Flourishing
- Applying Biblical Wisdom.
A dedicated analyst at Capstone conducts ongoing research on every portfolio holding. Capstone also partners with Brightlight Impact, an independent third party resource that performs independent analysis to support the decision making process.
Every stock selection is reviewed and approved by Capstone's Biblically Informed Overlay (BIO) Committee before it enters the fund. The BIO Committee is composed of four members with over 100 years of combined investment experience, including one independent member who is external to Capstone. Research is compiled and submitted to this committee for review and approval, ensuring each holding meets both financial and biblical standards.
Maria Dawes, Portfolio Manager, shares: "We've worked for many years with clients and foundations who want to steward their assets with both wisdom and integrity. These new funds provide a solution that brings together professional investment management with the values alignment that matters to those seeking portfolios aligned with Christian principles."
For investors, this means your investments can actively support companies that operate with integrity, while your capital continues to grow under the care of an experienced investment team.
Stewardship With Peace of Mind
The pattern of stewardship runs through all of Scripture, and it extends to where your money is invested and what it supports. Wealth itself is not the spiritual hazard. Unexamined wealth, deployed without regard to your deepest convictions, is.
Capstone's BIO Committee and research process are designed so your portfolio reflects both financial discipline and biblical principles.
Learn more how biblically informed investing can bring your wealth into alignment with your values.
Important Disclosures: Commissions, trailing commissions, management fees, and expenses may be associated with investments in mutual funds and exchange-traded funds. Please read the prospectus before investing. Mutual funds and ETFs are not guaranteed; their values change frequently, and past performance may not be repeated. The simplified prospectus, fund facts, and ETF facts are available on SEDAR+ at www.sedarplus.ca or consult with a registered investment dealer or advisor.