This month, the world commemorates the 75th anniversary of the atomic bombings of the cities of Hiroshima and Nagasaki.
As we see in the headlines, nuclear weapons still pose a grave threat to humanity. The world’s nine nuclear-armed nations are modernizing their arsenals, key arms control agreements are being abandoned, and nuclear know-how is pursued by nations around the world. The Red Cross and other relief agencies have warned repeatedly that no meaningful humanitarian response would be possible following a single nuclear detonation anywhere, let alone in the aftermath of a full-scale nuclear war, and the risks are greater than ever before.
Azzad Asset Management is well aware of the catastrophic consequences of any use of nuclear weapons; it’s why our socially responsible investment policy screens out companies that profit from weapons, war, and international conflict. We are regularly recognized by the Don’t Bank on the Bomb project in collaboration with the Nobel Prize-winning International Campaign to Abolish Nuclear weapons (ICAN) as a leader on how to invest responsibly.
Today we honor both the victims and those who survived to bear witness to the human impact of nuclear weapons. We also definitively say: Never again.