Press Releases
Azzad Portfolios Achieve ‘Top Guns’ Status from Informa Investment Solutions
Large cap growth, small cap growth, and real estate strategies excel across multiple categories and reporting periods Falls Church, Va., 2/20/18 – Azzad Asset Management today announced that three of its investment strategies have been recognized as “Top Guns” for time periods ending December, 2017. The firm’s large cap growth, small cap growth, and REIT (real estate investment trust) strategies received the distinction from Informa Investment Solutions’ PSN manager ranking database. This is a highly anticipated quarterly ranking that is widely used by asset managers and investors. “PSN Top Guns, which ranks products in six categories in over 50 universes,
Azzad joins Investor Alliance for Human Rights
New initiative will press corporations to uphold human rights Falls Church, Va., February 1, 2018 — Azzad Asset Management announced today that it has joined faith-based investing colleagues in an alliance to oppose rollbacks on regulations and to encourage policies for corporations that protect human rights. Launched by the Interfaith Center on Corporate Responsibility, the Investor Alliance for Human Rights (IAHR) provides a platform for collective action to protect human rights in the United States and internationally. The consortium participates in a range of investor actions to help businesses protect human rights, including investor letters, corporate engagements, and discussions with
Shareholders press Chevron to assess feasibility of policy change in light of Rohingya crisis
Burma-focused proposal asks Chevron to evaluate a policy of not doing business with governments engaging in genocide or crimes against humanity Falls Church, Va., Dec 18, 2017 – A group of investors has filed for the second time a shareholder resolution with Chevron Corporation focused on the persecuted Rohingya minority in Burma (Myanmar). The proposal asks the energy giant to report on the feasibility of enacting a policy of not doing business with governments engaged in genocide or crimes against humanity. Azzad Asset Management filed the resolution, and at least four other socially responsible investment institutions co-filed. Azzad and the Ursuline
Investors say executive pay packages at pharma may incentivize drug pricing risks
In resolutions at five U.S. drug makers, investors request a review of compensation policies that may drive senior execs to ignore the long-term business risks of skyrocketing drug costs. Falls Church, Va., 12/14/17 – Investors today announced they have filed resolutions at five major pharmaceutical companies asking for information about how well executive pay incentives mitigate long-term financial risks associated with mounting public concerns over the affordability of prescription medicines. The investors are all members of the Interfaith Center on Corporate Responsibility (ICCR), a shareholder coalition that has been engaging the pharma sector for decades on drug access and affordability. In
