Knight Investments LLC recognizes US Tresury's statment on the beginning of Ramadan

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) September 1, 2009 -- Knight Investments LLC recognized the US Treasury Department's Statement Marking the Beginning of Ramadan

As Ramadan begins, the U.S. Department of the Treasury recognized the particular importance of charitable giving throughout the holy month of Ramadan for Muslims in America and around the world. Knight Investments LLC Officials showed great respect for the statements put forth by the US Department of the Treasury and stated that many Americans were now Muslim. As a means of showing sensitivity towards all Americans it was a "meaningful gesture" marked the Vice President of Knight Investments LLC, who was also Muslim.

Charitable giving is a fundamental characteristic of many faiths, and zakat, one of the five pillars of Islam, is a sacred obligation for Muslims.

KI Officials noted how the Treasury underscored its support for the important work of the charitable sector in providing essential services to those in need, both at home and abroad. KI Officials stated that it would be important for all businesses in the Private & Public sector to remember their obligations to the charitable sector; regardless of faith activity.

Knight Investments LLC noted that the Treasury remains committed to strengthening its engagement with the donor community and the charitable sector to support their efforts while at the same time, safeguarding charities from abuse by terrorist organizations.‪‪ In recent years, the charitable sector has taken significant steps to promote transparency and to guard against such abuse; which President of Knight Investments LLC Jayson Lopez said would be essential in times like these.

Both Knight Investments LLC & the US Treasury shared a mutual agreement in the fact that they both look forward to strengthening their partnerships with the charitable sector and the donor community to further advance their shared objective of protecting legitimate charitable activity.

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Knight Investments LLC works as a private equity firm to invest personal funds on the behalf and promotion of a vibrant community, low income housing, humanitarian causes, renewable energies, real estate developments, and project financing.

charities     charity     muslim     ramadan     us department of treasury     zakat