Attention Azzad Funds Shareholders: Transfer agent services are now offered by Nottingham Shareholder Services. Click here for more information.

Naming someone other than your spouse as the beneficiary for your IRA

Naming a beneficiary for your traditional IRA or employer-sponsored retirement plan may be one of the most important financial decisions you ever make. The beneficiary (or beneficiaries) you name will receive the funds remaining in your IRA or plan after you die, so consider your loved ones’ future needs. However, choosing the right beneficiary is […]

Investors really should care about immigration. Do you?

Why for-profit immigration detention facilities need to be excluded from socially responsible portfolios If you’re anything like me, you’ve watched with heartbreak the countless images flooding the news these days of asylum seekers in cages and children separated from their parents. You may have also wondered what you can do, short of heading to the […]

Active management shines in a time of indexing

Passive management, or buying stocks that track an index, has caught on over the last several years. But changes in the economy and markets have made it easier for active managers to now show their worth, too. Active managers, those who pick stocks with the intent to beat an index and not just match its […]

American Muslim investors to donate $5.6 million to charity in Ramadan

Falls Church, Virginia, June 6, 2018 – Azzad Asset Management, a socially responsible, faith-based registered investment advisor, announced today that its Muslim clients are expected to donate approximately $5.6 million to charity during the holy month of Ramadan. The figure is the highest since Azzad began providing this calculation in 2005. In a statement, Azzad said: […]

SEC initiatives that could affect financial advisors

On April 12, 2018, our chief compliance officer (CCO), Ms. Manal Fouz, attended the Compliance Outreach Program in Washington, D.C., sponsored by the U.S. Securities and Exchange Commission (SEC). The conference is designed to promote better communication between securities regulators and compliance officers. A limited number of CCOs from registered investment advisory firms nationwide are […]

Azzad zakah workshop 2018

Azzad zakah workshop 2018

Questions answered include: Learn how to calculate zakah on modern assets following the guidelines of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). Pop quiz (concrete examples) beings at 14:49 Question and answer begins at 20:12. https://youtu.be/BraUCkQWZdY

Chevron shareholders vote on cutting business ties with genocide-complicit governments

Chevron shareholders voted today on a resolution to evaluate a policy of cutting business ties with governments engaged in genocide or crimes against humanity. Filed by seven socially responsible investing organizations, the proposal cites specifically the nation of Myanmar, whose military stands accused of committing atrocities against the Rohingya ethnic minority. Chevron is the largest […]

Portfolio manager spotlight: Kayne Anderson Rudnick Investment Management

Although the stocks of large companies like Amazon and Alphabet have been among the market leaders since last year, in recent months they’ve started to lose some of their luster. In their place, small company stocks have assumed the top spot for outsized performance. The reasons some of the market’s biggest returns have come from […]

Does your toddler have a credit card?

Child identity theft

They shouldn’t. But a new report shows that children are a more lucrative target for identity thieves than adults. On average, fraudsters are able to steal $2,303 by exploiting the identity of a minor, which is more than twice the average amount for adult victims. That’s according to a new report from Javelin Strategy & […]