FALLS CHURCH,VA–Azzad Asset Management last month joined the Interfaith Center on Corporate Responsibility (ICCR) as its newest member. It is the first Islamic firm to be affiliated with the group.
As the premier member organization focused on corporate social responsibility and environmental advocacy, ICCR leverages the influence of its shareowner members to enact change. Azzad’s addition to the growing list of members is a testament to ICCR’s universal appeal for collective action on issues of importance to people of all faiths. The two organizations expressed optimism about the opportunities this collaboration affords.
In a statement, ICCR Executive Director Laura Berry said:
“We are delighted to announce that Azzad Asset Management has joined the Interfaith Center on Corporate Responsibility (ICCR). For more than forty years, ICCR has been a faithful voice for justice, engaging in shareowner advocacy with the goal of encouraging greater corporate responsibility on a host of social and environmental concerns. ICCR members include religious organizations, universities, unions, banks, foundations, asset management companies and other institutional investors who believe companies with more just and sustainable operations are more profitable over the long term. We are pleased to count Azzad Asset Management among the ranks of our members and look forward to partnering with them to advance the cause of conscientious capitalism for the benefit of all members of society.”
Azzad representatives reportedly hope to bring a fresh, Islamically inspired perspective to the many corporate and social issues confronted by ICCR.