Representatives from Azzad Asset Management met with a delegation of US and Arab ambassadors at State Department offices in downtown Washington, DC. Sponsored by the National US-Arab Chamber of Commerce (NUSACC) and the US Department of State, the forum convened business leaders and diplomats from the Middle East and North Africa (MENA) region to promote trade and investment.
In her opening address to attendees, Assistant Secretary of State for Near Eastern Affairs Anne Patterson recognized the importance of economic ties between the United States and the MENA region, citing the role of trade and investment from American firms in improving the quality of life for millions of people overseas. Panel discussions at the event dealt with topics including strategies to diversify Arab economies away from hydrocarbons and prospects for economic growth post-Arab Spring.
Following the panels, Azzad representatives held private conversations with US diplomats to the region, sharing their socially responsible, Shari’ah-compliant investment strategy and gaining insight from ambassadors about investment opportunities in their host countries.
In a statement, Azzad Asset Management said, “We appreciate the efforts of the NUSACC and the US Department of State to encourage commerce between the United Statesand the MENA region. The NUSACC was established over 40 years ago to facilitate US-Arab business, and the US Department of State directly supports tens of millions of jobs through the promotion of new and open markets for US firms. As a US-registered investment advisor with several financial products focused on global opportunities, Azzad is pleased to work in conjunction with public-private partnerships like this one to maximize value for our clients and shareholders.”
For more information please contact:
Investment Communications Director
Azzad Asset Management
Tel: 7032077005, ext. 109