Key indicators of economic rebound
It’s been six years since the end of the Great Recession. Are we moving in the right direction? Azzad’s Fatima Iqbal, CFP, explains how key economic indicators on jobs, consumer confidence, and housing show that the U.S. economy is advancing.
Seven ways to handle a market correction
Now that we stand six years removed from the Financial Crisis that preceded the current bull market in stocks, let’s understand how to react when a “correction” eventually occurs. Financial markets are characterized by long cycles with many ups and downs. The successful investor blocks out fear and sensationalism and recognizes that these market cycles […]
Q&A: Shareholder activism and proxy voting
Today, corporations make most decisions of consequence in our society. As the owner or shareholder of a stock or shares of a mutual fund, you are part owner of a corporation. That means you have both rights and responsibilities. You have the right to sit with management, be an insider and work for change through […]
Interfaith Center on Corporate Responsibility welcomes 1st Islamic financial firm to its shareholder coalition
(New York, NY, 4/9/15) – Representatives from the Interfaith Center on Corporate Responsibility (ICCR) and Azzad Asset Management announced today that Azzad will join ICCR as its newest member—the first Islamic firm to be affiliated with the group. As the premier member organization focused on corporate social responsibility and environmental advocacy, ICCR leverages the influence […]
Understanding Riba in Islamic Finance
SUMMARY Riba is one of the most often misunderstood terms in Islamic finance. More education on this fundamental concept is not only necessary for the preservation of a halal livelihood; it is also important for the preservation of the proper practice of Islam. Riba is prohibited by the Qur’an, Sunnah (Prophetic example), and consensus of […]
Calculating Zakah on 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 my 401(k) plan at work? What if interest-bearing bonds are part of the default investment option in my 401(k)? This […]
Charitable Lead Trusts
A Smarter Way to Give
Donor-Advised Funds
Making charitable giving convenient and efficient
Azzad participates in AAOIFI-World Bank conference on Islamic finance
Manama, Kingdom of Bahrain, November 25, 2014 — Representatives from Azzad Asset Management joined leading scholars and senior representatives from central banks, financial institutions, and regulators from over 35 countries this month in the Kingdom of Bahrain for an annual conference on Islamic finance organized by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). […]
Azzad participates in 4th annual Responsible Investor conference
(Falls Church, Virginia, 10/22/14) – Azzad Asset Management, investment advisor to the Azzad Funds and sponsor of the Azzad Ethical Wrap Program, spoke at the 4th annual “ESG in Manager Selection and Monitoring” conference on October 21st. Held at the SUNY Global Center in New York City, the event brought together portfolio managers, analysts, investment […]