Think twice before speculating on a COVID-19 cure
Headline-induced price swings suggest that investors are making investment decisions driven by hopes and fears, and possibly based on limited information. As hundreds of companies race to develop vaccines and drug therapies that could help end the COVID-19 pandemic, news reports on successful or failed trials affect individual stock prices and can trigger swings in […]
Azzad commends Alphabet stockholders for anti-censorship vote
Shareholder proposal asks Google parent to report on government requests to remove content FALLS CHURCH, Va., Jun 10, 2020 — Azzad Asset Management, a leading socially responsible investment firm, today praised Alphabet shareholders following a strong vote in favor of greater transparency at subsidiary Google. A shareholder resolution sponsored by Azzad and the Missionary Oblates of […]
The stock market and the economy are NOT the same thing
In April, the Dow Jones Industrial Average staged its best two-week performance since the 1930s, a dramatic rebound that illustrates a bizarre reality about the stock market these days: markets can go up even when the economic news is terrible. Dramatic rallies are a sign that many investors are positioning themselves for the United States […]
Why going 100% cash is stupid
Your investment portfolio is like a bar of soap. The more you touch it, the smaller it will get. Let’s be real: Some of our clients are skittish. Like many people, when they see negative headlines, their first instinct is to sell their stock holdings and head for the perceived safety of cash. This is […]
Statement of Solidarity with Black America
Justice for all through collective action “Whoever recommends and helps a good cause becomes a partner therein, and whoever recommends and helps an evil cause shares in its burden; and Allah has power over all things.” – Holy Qur’an (4:85) Azzad Asset Management stands in solidarity with the Black American community. As a socially responsible, faith-based […]
Weekly Market Recap – June 1, 2020
Financial Aid 101
When saving for college, a good rule of thumb is to save at least 50% of the expected cost. That’s because the remaining cost will most likely come from financial aid. This is money distributed primarily by the federal government and colleges in the form of loans, grants, scholarships and work-study jobs. The majority of […]
Informa Investment Solutions Names Five Azzad Portfolios to ‘Top Guns’ Status
FALLS CHURCH, Virginia, 5/19/20 — Azzad Asset Management today announced that five of its investment portfolios have been recognized as “Top Guns” by Informa Investment Solutions, a leading financial data provider. The firm’s Small Cap Growth, Small Cap Value, Mid Cap Growth, Mid Cap Value, and Dividend strategies were each named to Informa Investment Solutions’ PSN […]
Beware of these coronavirus scams
Fraudsters and scam artists are always looking for new ways to prey on consumers. Now they are using the same tactics to take advantage of consumers’ heightened financial and health concerns over the coronavirus pandemic. Federal, state, and local law enforcement have begun issuing warnings on the surge of coronavirus scams and how consumers can […]
Azzad clients to donate $6.7 million in charity from investment accounts this Ramadan
Firm encourages giving zakah to non-profit organizations hurt by coronavirus pandemic FALLS CHURCH, Virginia, 5/5/20 — Azzad Asset Management, a socially responsible, faith-based registered investment advisor, announced today that its Muslim clients are expected to donate approximately $6.7 million in zakah-related charity during the holy month of Ramadan. Zakah–sometimes spelled zakat–is an obligation that practicing […]
