FAQ about zakah and how Azzad calculates it
Here is some background info on zakah and purification, how Azzad calculates it, and the answers to a few frequently asked questions. Zakah is a financial obligation that every Muslim must pay if they own certain assets that are worth more than a certain amount, called the nisab, if they have owned those assets for […]
Five facts about Roth IRAs
By Ehab Alalfey Azzad Investment Advisor Fresh off a trip to an IRA conference organized by consumer advocate and IRA expert Ed Slott, Azzad’s Ehab Alalfey shares with you five facts about Roth IRAs that you may not know. Do you have a Roth IRA? Do you know how it’s different from a traditional IRA? […]
Repeal of investment expense deduction
You can be forgiven if you didn’t read all of the 600-page tax bill that Congress passed last year. Most members of Congress probably didn’t read it all either. But there were provisions buried in there that matter to some investors. One of those provisions relates to the investment expense deduction for separate accounts like […]
How do you know we won’t run off with your money?
What do a ticket reselling scheme featuring the Broadway hit “Hamilton,” a luxury real estate developer, and an Indian cryptocurrency ploy have in common? They were all Ponzi schemes whose fraudsters swindled millions of dollars from their unsuspecting victims last year. Sadly, Ponzi schemes are alive and thriving. In a Ponzi scheme, the fraudster uses […]
