Weekly Market Recap – January 13, 2025
Azzad MarketWeek Stocks fell for the second consecutive week as a round of fresh economic data stoked inflationary fears among investors. The Standard & Poor’s 500 Index declined 1.94 percent, while the Nasdaq Composite Index dropped 2.34 percent. The Dow Jones Industrial Average lost 1.86 percent. Inflation Stymies Markets Stocks rallied broadly to start the […]
Weekly Market Recap – January 6, 2025
Azzad MarketWeek Stocks edged lower last week despite a powerful end-of-week rally. The Standard & Poor’s 500 Index lost 0.48 percent, while the Nasdaq Composite Index slid 0.51 percent. The Dow Jones Industrial Average fell 0.60 percent. The MSCI EAFE Index, which tracks developed overseas stock markets, dropped 0.90 percent. Selling Then Buying Stocks were […]
5 Financial Resolutions to Start 2025 on the Right Foot
The beginning of a new year is a great time to commit toward improving your financial life. Do you have an old 401(k) that’s riddled with haram holdings, but haven’t found the time to correct it? Perhaps you’re busy working hard only to feel like your savings going nowhere. Is your financial life so chaotic […]
Weekly Market Recap – December 30, 2024
Azzad MarketWeek Stocks notched a slight gain over the holiday week. A tech-driven rally in the first half of the week was clawed back in the second half as investors took profits following the market holiday. The Standard & Poor’s 500 Index advanced 0.67 percent, while the Nasdaq Composite Index rose 0.76 percent. The Dow […]
Islamic Estate Planning: A Guided Discussion
Discover the importance of Shariah-compliant estate planning and learn how to safeguard your family’s financial future. Join our panelists for a comprehensive webinar that explores the intricacies of Islamic estate planning. Held in conjunction with halal estate planning firm Shariawiz, this webinar will delve into real-world case studies to illustrate how Shariah-compliant principles can be […]
Heads up: Azzad Funds distributions will occur this month
This month, the Azzad Funds will make a capital gains distribution to all fund shareholders. This will mean the net asset value (NAV) – sometimes called the share price – will be lower on distribution day than it was when the market closed the day before. But this NAV drop doesn’t mean that the funds […]
Weekly Market Recap – December 16, 2024
Azzad MarketWeek Stocks finished the week mixed, bookending losses around midweek gains as investors digested fresh inflation data. The Standard & Poor’s 500 Index slipped 0.64 percent, while the Nasdaq Composite Index ticked up 0.34 percent. The Dow Jones Industrial Average dropped 1.82 percent. Up and Down Week Stocks fell broadly over the first part […]
Weekly Market Recap – December 9, 2024
Azzad MarketWeek Stocks were mixed during the first trading week of December. Technology stocks led, while the widely followed Dow Jones Industrial Average struggled. The tech-heavy Nasdaq Composite Index picked up 3.34 percent while the Dow Industrials lost 0.60 percent. The Standard & Poor’s 500 Index added 0.96 percent. The MSCI EAFE Index, which tracks […]
All 10 Azzad Portfolios Awarded ‘Top Guns’ Status by Zephyr
Azzad Asset Management is pleased to announce that each of its 10 separately managed account strategies has been awarded the “Top Guns” designation by Informa Financial Intelligence’s Zephyr PSN manager database, a first for the company. The “Top Guns” List is a quarterly ranking of best performing strategies widely used by asset managers and investors […]
Weekly Market Recap – December 2, 2024
Azzad MarketWeek Stocks posted solid gains over a short and busy holiday week as investors parsed fresh economic data, comments on potential future trade policy, and a few Q3 reports from technology companies. The Standard & Poor’s 500 Index gained 1.06 percent, while the Nasdaq Composite Index advanced 1.13 percent. The Dow Jones Industrial Average […]
