Turn lemons into lemonade during periods of volatility
Staying focused on the bright side is admittedly hard to do when the markets are volatile. Fortunately, there are always some silver linings amid market volatility. For investors who feel the urge to do something in response to the markets, here are four things you can do to help minimize your tax exposure without altering […]
Azzad clients to donate more than $4 million in charity this Ramadan
FALLS CHURCH, Va., June 21, 2016 — Azzad Asset Management, a socially responsible, faith-based investment firm, announced today that its Muslim clients are expected to donate a record amount of money this year in order to fulfill their religious obligation of giving in charity a certain percentage of their wealth. The company calculates that its clients will […]
The facts and fiction behind self-directed IRAs
Not long ago, the North American Securities Administrators Association (NASAA) issued a warning to investors about custodians who handle self-directed individual retirement accounts (IRAs). A self-directed IRA holds nontraditional investments like real estate, metals, or limited partnerships. These accounts have been the subject of growing regulatory scrutiny and punitive action. Before investing in a self-directed […]
Three questions to ask when shopping for an investment
Investors who pay attention only to a fund’s return are missing out on valuable information. Determining how a fund achieved its returns can be just as important as analyzing the returns themselves. Evaluating a fund properly not only helps you compare it with other funds; it lets you see whether a fund matches your investing […]
Calculating Zakah on Modern Financial Assets (2016)
Calculating Zakah on Modern Financial Assets Zakah refers to the act of purifying one’s wealth by giving a portion of it to those in need. When calculating zakah, many questions can arise: Do I owe zakah on my IRA? How about on my 401(k) plan at work? What if interest-bearing bonds are part of the […]
Financial Times names Azzad a top registered investment adviser for 2016
FALLS CHURCH, Virginia (June 16, 2016) – Socially responsible registered investment adviser Azzad Asset Management announced today that it has been named one of the Financial Times’s 300 Top Registered Investment Advisers. The list recognizes top independent RIA firms across the U.S. The firm said in a statement: “Azzad Asset Management is honored to receive […]
Five questions to ask before investing
Sometimes we get calls from clients asking us to research certain investments they’ve heard of that promise income without risk. Putting aside the question of whether or not such investments are halal, investors may be unknowingly falling for a potential Ponzi or pyramid scheme. Keep in mind that such a scheme could go undiscovered for […]
New DOL rules for businesses with employees earning $47,476 or less
If you don’t currently track the number of hours your salaried employees work, you may want to begin doing so now. That’s because salaried employees earning $47,476 or less will no longer be exempt from overtime pay. Regulations passed last month by the Department of Labor increased the salary threshold for overtime exemption from $23,600 […]
Investment basics
Are you invested in the right mix of stocks, Islamic bonds, and cash? Azzad teaches you the basics.
Dr. Abdulbari Mashal joins Azzad Shariah advisory board
(Falls Church, Virginia, 5/24/16) — Azzad Asset Management, investment advisor to the halal, socially responsible Azzad Funds, announced today the addition of Dr. Abdulbari Mashal to its Shariah advisory board. The board is an advisory body focused on best practices in the Islamic finance industry. In a statement, Azzad President and CEO Bashar Qasem said: […]
