Private prisons: Wrong at any price
By Fatima Iqbal, CFP® In late February, Attorney General Jeff Sessions reversed a Department of Justice (DOJ) plan to phase out the use of for-profit prisons. This boosted the stock prices of the two publicly traded for-profit prison companies in the U.S., Geo Group and CoreCivic (formerly known as Corrections Corporation of America), which had […]
Impact of Islamic Investment Criteria
An analysis of US and Global Portfolios
Top 5 Required Minimum Distribution Questions
1) What are required minimum distributions (RMDs)? Required minimum distributions, often referred to as RMDs, are amounts that the government requires you to withdraw annually from IRAs and employer-sponsored retirement plans after you reach age 70½. You can always withdraw more than the minimum amount from your IRA or plan in any year, but if […]
How halal investing can impact your bottom line
Did you know that Azzad’s portfolio managers start with a smaller investable universe than most conventional money managers? That’s because we apply halal investing or Islamic investment screens to the investable universe before each manager even begins his or her investment process. This screening eliminates nearly all financial and utilities stocks. It also eliminates companies […]
Why you should think about diversifying
Different types of investments perform better in different market conditions. Investing in a variety of assets like stocks, fixed income, and real estate can result in better diversification and help reduce the risk for your overall investment portfolio. In fact, one study found that how you diversify your portfolio can account for more than 90% […]
Fighting global inequality with Islamic finance
A January 2017 report issued by Oxfam found that the eight richest individuals in the world have a net wealth of $426 billion–equivalent to the total amount of wealth held by the poorest 50% of the global population (some 3.7 billion people). That same report found that the world’s 10 largest corporations together have revenue […]
Understanding Risk
Risk is an everyday part of investing. But it shouldn’t prevent you from participating in the market — because investing in stocks is one of the best ways to accumulate and grow wealth. Azzad Financial Advisor Ehab Alalfey explains what to look for when investing and offers some practical advice for pros and novices alike.
Azzad joins coalition asking CEOs to oppose Pres. Trump’s refugee and immigrant ban
(Falls Church, Va., 2/2/17) — Azzad Asset Management has joined other socially responsible investment institutions in signing a coalition letter to the 19 CEOs who are members of President Trump’s Strategic and Policy Forum, asking them to exercise their influence to oppose the president’s recent executive order barring refugees and certain immigrants from seven majority-Muslim […]
2017 Investment Outlook
The Dow at 20,000. Trumponomics. A stronger U.S. dollar. Stock markets surprised to the upside in 2016 following a rocky start to the year. With strong returns for the Dow and S&P 500, investors are optimistic that markets are poised for even higher highs. No one knows how long the bull market will last or […]
Bridging the wealth gap: What to do about global inequality
A January 2017 report issued by Oxfam found that the eight richest individuals in the world have a net wealth of $426 billion–equivalent to the total amount of wealth held by the poorest 50% of the global population (some 3.7 billion people). That same report found that the world’s 10 largest corporations together have revenue […]
