Attention Azzad Funds Shareholders: Transfer agent services are now offered by Nottingham Shareholder Services. Click here for more information.

Why can’t I invest in insurance companies?

“Why don’t you invest in health insurers like Humana?” That’s a question I’ve heard recently. The short answer is that insurers of all types, whether they’re property, life or medical, do not meet the threshold requirements for investment as outlined by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). The long answer takes […]