Lehman Brothers eight years later
Eight years ago this month, Lehman Brothers filed for Chapter 11 bankruptcy. With that, the Global Financial Crisis (GFC) kicked off in earnest, and millions of families lost their homes, savings, and jobs. Concepts from Islamic finance can offer simple yet effective guidelines to help us avoid the worst of financial crises. With the Lehman […]
When should you take Social Security?
Many people assume that they have to begin receiving Social Security retirement benefits as soon as they retire and stop working, but that’s not the case. Retiring and claiming Social Security benefits are different. You have options, and learning about them may help you make a well-informed decision about when to start receiving your benefits. […]
Azzad joins call for food industry to end use of antibiotics on livestock
FALLS CHURCH, VA, September 19, 2016 — Azzad Asset Management, investment advisor to the Azzad Funds, announced today that it has joined a consortium of responsible investors and shareholder advocacy groups in support of a United Nations’ call to end antibiotic use in global food supply chains. Organized by the Interfaith Center on Corporate Responsibility […]
Why the Dakota Access Pipeline could mean trouble for banks
In North Dakota, thousands of tribal leaders and activists are camped along the Cannonball River by the Standing Rock Sioux Reservation to resist the construction of the $3.8 billion Dakota Access pipeline (DAPL). Once complete, the pipeline is expected to carry 570,000 barrels of oil per day from the Bakken and Three Forks oil fields […]
Investor Behavior: Overconfidence
Many investors talk long term, but act short term. Those with a short-term focus are often overly sensitive to volatility regardless of time horizon. That’s a mistake that can put you at a disadvantage when it comes to achieving your investment goals.
First U.S. halal fixed income fund passes $100 million in net assets
FALLS CHURCH, VA, August 31, 2016) – Azzad Asset Management today announced that its flagship mutual fund — the first halal fixed income fund in the United States — crossed the $100 million threshold in August. A socially responsible, interest-free alternative to bond funds, the Azzad Wise Capital Fund (NASDAQ: WISEX) was launched in 2010. […]
How to make your portfolio “fracking-free”
As the 2016 presidential campaign gets into full swing, voters across the country have an opportunity to hear directly from the candidates on important issues. Neither of the two major political parties has taken a coherent, ethically rigorous stance on hydraulic fracturing, or “fracking.” But there are other ways for the ecologically conscious to make […]
Why Azzad didn’t invest in private prisons
When the U.S. Department of Justice (DOJ) announced that it would stop contracting with for-profit prison operators, Azzad’s investment team remembered why we chose not to invest in private prisons. At Azzad, we follow internationally accepted criteria for Islamic investing: avoiding interest, leverage, alcohol, tobacco, gambling, and pork products. We also implement selected additional social […]
Azzad recognized again as ‘Top Guns Manager’ by Informa Investment Solutions
Falls Church, Va., 8/18/16 – Azzad Asset Management today announced that it has been recognized with Top Guns status by Informa Investment Solutions’ PSN manager database. Four of the firm’s strategies were among the top 10 performers within one or more peer groups reporting to PSN, the longest-running investment manager database in North America. “We […]
Sukuk bonds: Where the smart money is headed?
In today’s upside-down economic environment, tepid stock markets and negative interest rates in parts of Europe and Asia mean that neither equities nor bonds has provided the kind of performance many would like. Where can one look for an acceptable return? The answer may be sukuk bonds. Global dollar sales of sukuk climbed to $14 […]
