Weekly Market Recap – March 10, 2025
Azzad MarketWeek Stocks continued their slide through a volatile week. U.S. trade policy drove much of the market’s movement, broadening investors’ concerns about economic growth and inflation. The Standard & Poor’s 500 Index declined 3.10 percent, while the Nasdaq Composite Index dropped 3.45 percent. The Dow Jones Industrial Average slid 2.37 percent. Tariffs Take Effect […]
Avoiding Tax Surprises with a Backdoor Roth IRA
Roth IRAs can be a powerful tool in your retirement plan. But if you earn too much you can’t contribute directly to them. That’s why high earners turn to Roth conversions to bypass these strict income limits on Roth contributions, especially because there is no limit to how much you can convert to a Roth […]
Understanding New Zakah Calculations for Securities
When calculating zakah on securities, there are different approaches depending on the purpose for which the securities are held. Securities are categorized into three groups: those for trade, those for long-term appreciation, and those for income. Each category has its own zakah calculation method. Zakah for Securities Held for Trade For securities held for trade, […]
Weekly Market Recap – March 5, 2025
Azzad MarketWeek Stocks were mixed last week as investor concerns over inflation and trade policy combined to produce another volatile trading week. The Dow Jones Industrial Average rose 0.95 percent, while the Standard & Poor’s 500 Index lost 0.98 percent. Meanwhile, the tech-heavy Nasdaq Composite Index dropped an eye-catching 3.47 percent. Trade Talk The week […]
Azzad Portfolios Take ‘Top Guns’ Designation from Informa Investment Solutions
Three strategies excel across multiple categories and reporting periods Falls Church, Va., 3/4/25– Azzad Asset Management announced today that three of its investment strategies have been awarded “Top Guns” designation by Informa Financial Intelligence’s PSN manager database, North America’s longest running database of investment managers. PSN Top Guns performance rankings are tabulated for thousands of […]
Understanding Zakah on Investments
https://www.youtube.com/watch?v=pgdR-7b3Kqo&t=16s Join us for Azzad’s 21st annual Zakah webinar! This year we show you how to fulfill your zakah obligations through effective, tax-smart financial planning. Our expert panel covers: The Islamic principles of zakah. How to calculate zakah on various investments including stocks, jewelry, and real estate. Tax-smart strategies for fulfilling your zakah obligations while […]
DONOR-ADVISED FUNDS
A Sukuk Primer
Does Islamic finance say we can invest in credit card companies?
We all need a reminder every now and then about how halal investing works. Here’s a quick refresher. In a nutshell, halal investing touches on avoiding investment in the following: Interest, or ribaSpeculation (gharar) and uncertainty (maysir)DebtCompanies with unethical lines of business That last point–avoiding companies with unethical lines of business–includes most conventional financial services […]
Weekly Market Recap – February 10, 2025
Azzad MarketWeek Stocks posted modest losses last week as tariff deals, January jobs data, and Q4 corporate reports injected volatility into markets. The Standard & Poor’s 500 Index slipped 0.24 percent, while the Nasdaq Composite Index lost 0.53 percent. The Dow Jones Industrial Average fell 0.54 percent. Tariffs, Q4 Reports, and Jobs On Monday, stocks opened […]
