Investor Behavior: Hot Hand Fallacy
When an investor suffers from hot hand fallacy, he or she tends to wrongly attribute a string of successes to skill instead of chance. This can be damaging to the long-term success of a portfolio.
Azzad participates in World Bank Islamic finance event
Representatives from Azzad Asset Management, investment advisor to the Azzad Funds, joined senior officials from central banks, financial institutions, and regulators in Washington, DC for a symposium on Islamic finance organized by the World Bank and the Islamic Financial Services Board. Held in conjunction with the annual International Monetary Fund and World Bank governors meeting, the […]
Azzad welcomes Dr. Mohamad Alzuhili to Shariah advisory board
(Falls Church, Virginia, 10/5/16) — Azzad Asset Management, investment advisor to the halal, socially responsible Azzad Funds, announced today that Dr. Mohamad Alzuhili has joined its Shariah advisory board. The board is an advisory body focused on best practices in the Islamic finance industry. “We are so fortunate to have Dr. Alzuhili join our board,” […]
Five ways to protect against a cybersecurity attack
October is National Cyber Security Awareness Month and practicing good cyber security habits is critical in today’s interconnected world. Here are five ways you can protect yourself and your family from a cyber security attack: #1: Install and update security software. The best defense against viruses, malware, and other online threats is a security software program. […]
In yield-starved world, emerging market debt attracts assets
When Moody’s downgraded Turkey’s credit rating to below investment grade on Friday, September 23, few were surprised when the country’s debt and equity markets sold off the following Monday. More surprising, however, were the results of an auction of new government 10-year notes: the debt offering received the most bids in nearly two years. Turkey’s […]
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.
