Abstract: Present investigative study is an endeavor to understand the effect of religious value and performance on the financial investment-related decision-making process within developing countries. This study uses an interpretivism research philosophy along with an indicative research approach for gaining in-depth insight into the present research problem. A total of 6 months are allocated for the effective completion of the entire project. Only secondary qualitative data is used for the development of the entire research project. Only thematic analysis is done on the available data set for understanding the effect of religious performance on the investment-related financial decision-making process within developing countries.
The result of the thematic analysis stated that the specific religious values and norms restricted certain purchase behavior which directed the financial growth of the country in an effective manner. On the other hand, the economic decision-making process is highly influenced by the spiritual beliefs of an individual which leads to investment pattern determination. It is also noted that Christians save more household expenditures than their non-christian counterpart. According to the thematic analysis, it is clear that religious performance effectively influences financial investment-related decisions. In the historical period, the occurrence of this matter is higher than the modern time.

Keywords : Ethical values, financial performance range, Gross Domestic Product or GDP, Religious belief, religious restriction, norm.