Jewish Journal

Southern California Iranian Jews Investing in Israel Bonds

by Karmel Melamed

July 17, 2007 | 4:02 pm

By Karmel Melamed

Roughly 100 local Iranian Jews gathered at the Bel Air home of Mahnaz and Kambiz Hekmat on July 12th to promote the purchasing of Israel Bonds among Southern California’s Iranian Jewish community. Those in attendance purchased several hundred thousand dollars worth of bonds and pledged to spread the word about bonds investment which are a new phenomenon among local Iranian Jews. Leor Ziv, the Israel Bonds Executive Director for the Western Region, said that while Iranian Jews have only begun purchasing bonds in the last three year, their affluent community in Southern California is responsible for millions of dollars in investments through bonds. “It has been beyond my wildest imagination how supportive the Iranian Jewish community has become in Israel Bonds,” said Ziv.

Among those in attendance were Beverly Hills Mayor Jimmy Delshad and Consul General of Israel Ehud Danoch, who both encouraged investment in Israel through bonds. “When I worked at the Ministry of Finance, we received reports from the government accountant every year and I can tell you that the $1.2 billion we received from Israel Bonds was a tremendous help to Israel’s economy” said Danoch.

For more information on purchasing Israel Bonds visit http://israelbonds.com/

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Karmel Melamed is an internationally-published freelance journalist based in Southern California.

Since 2000, Melamed has specialized in covering the growing influential...

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