Weekly Market Recap – June 30, 2025

Weekly Market Recap – June 30, 2025

Azzad MarketWeek Stocks staged a broad-based rally last week on investors’ hopes for a lasting Middle East ceasefire, hitting fresh record highs along the way. The Standard & Poor’s 500 Index rose 3.44 percent, while the Nasdaq Composite Index added 4.25 percent. The Dow Jones Industrial Average advanced 3.82 percent. The MSCI EAFE Index, which […]

Social Security Could be Cut – Are you Saving Enough?

Social Security Could be Cut – Are you Saving Enough?

Worry about Social Security is growing, especially among Americans nearing retirement. A recent study from the National Institute for Retirement Security found that more than half of non-retired Americans are unsure they’ll receive the same benefits as today’s retirees. Is this concern valid? Unfortunately, yes. The Social Security trust fund is projected to become insolvent […]

Weekly Market Recap – June 23, 2025

Select Weekly Market Recap – June 23, 2025

Azzad MarketWeek Stocks were mixed during the holiday-shortened trading week as uncertainty over conflict in the Middle East weighed on investors. The Standard & Poor’s 500 Index slipped by 0.15 percent, while the Nasdaq Composite Index rose by 0.21 percent. The Dow Jones Industrial Average was flat (0.02 percent). Stocks Rise, Then Slump Stocks opened […]

What Are Sukuk?

Sukuk are one of the most commonly used instruments in Islamic finance. They are also the vehicle behind some of the most dramatic growth seen in the capital markets in recent years. Government and corporate issues from both Islamic and other countries have driven the rapid growth of Sukuk. Global sukuk demand is expected to […]

Purifying Impermissible Assets

ABSTRACT Purifying non-halal conventional investments in a savings vehicle like a 401(k) plan and rendering them halal is a difficult subject. This issue is often raised by Shari’ah-sensitive investors who have resolved to make the transition to Halal in their financial affairs. The desire to more fully follow the principles of Islam is in itself […]

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