Why you shouldn’t invest like the head of the CDC
Brenda Fitzgerald, a medical doctor and former head of the Centers for Disease Control and Prevention (CDC), resigned in January following reports that she had bought stock in a tobacco company after taking office in 2017. Disclosure forms indicated that Fitzgerald’s financial advisor purchased stock in Japan Tobacco, one of the largest tobacco companies in […]
Keep calm and buy when there’s blood in the streets
Financial markets are characterized by long cycles with many ups and downs. Successful investors block out fear and sensationalism and recognize that these market cycles are part of investing. In practically every bull market of the last 40 years, the U.S. stock market has experienced a correction during its rise. The Dow posted its worst […]
Dow drops: Are you ready for the stock market roller coaster?
Stocks markets took a break from their meteoric rise of the last several months. The Dow dropped 2.5%, and the S&P 500 fell 2.1% on Friday, capping their biggest weekly decline in more than two years. Although frustrating to some, today’s losses are likely a good thing. The market was in need of a pullback. […]
Azzad joins Investor Alliance for Human Rights
New initiative will press corporations to uphold human rights Falls Church, Va., February 1, 2018 — Azzad Asset Management announced today that it has joined faith-based investing colleagues in an alliance to oppose rollbacks on regulations and to encourage policies for corporations that protect human rights. Launched by the Interfaith Center on Corporate Responsibility, the […]
Investors ask companies to stay the course on Bangladesh factory safety accord
A group of 147 investors representing $3.7 trillion has asked signatories of the Accord on Fire and Building Safety to recommit to the landmark agreement signed in 2013. The Accord on Fire and Building Safety in Bangladesh is a five-year independent, legally binding agreement between global brands and retailers and trade unions designed to build […]
2018 Market Outlook
The Dow at 25,000. A new tax regime. Is it morning in America? Stock markets hit multiple records throughout 2017. With double-digit returns for the Dow and S&P 500, investors are wondering if markets have the potential to reach even higher highs in the New Year. No one knows how long the bull market will […]
SMAs versus mutual funds
Which should you use for your financial goals? Mutual funds have been long been the choice for investors seeking professional money management. When you buy shares of a mutual fund, your assets are pooled with those of other fund shareholders, lowering costs and taking advantage of economies of scale. You gain professional money management, but […]
Why your mutual fund dropped on a day the market was up
On Monday, December 18, the Azzad Ethical Fund (ADJEX) made a capital gains distribution to all shareholders, which resulted in an adjusted net asset value (share price) that is lower than it was as of market close on Friday. This is something that all mutual funds do. ADJEX didn’t “tank,” so there’s no need to […]
Shareholders press Chevron to assess feasibility of policy change in light of Rohingya crisis
Burma-focused proposal asks Chevron to evaluate a policy of not doing business with governments engaging in genocide or crimes against humanity Falls Church, Va., Dec 18, 2017 – A group of investors has filed for the second time a shareholder resolution with Chevron Corporation focused on the persecuted Rohingya minority in Burma (Myanmar). The proposal asks […]
Investors say executive pay packages at pharma may incentivize drug pricing risks
In resolutions at five U.S. drug makers, investors request a review of compensation policies that may drive senior execs to ignore the long-term business risks of skyrocketing drug costs. Falls Church, Va., 12/14/17 – Investors today announced they have filed resolutions at five major pharmaceutical companies asking for information about how well executive pay incentives mitigate […]
