Azzad Commercial
The United States: An undiscovered market for Islamic finance?
Is the United States an undiscovered market for Islamic finance? That’s the question a group of industry professionals convened to answer on November 4 at the inaugural Islamic Finance Conference in Washington, DC. The event, whose program included sessions exploring everything from how to source Islamic capital in the United States to the relationship between socially […]
A slice of sukuk from the Big Apple?
On the heels of Prime Minister David Cameron’s announcement that the UK will issue a sovereign sukuk, a New York state senator is passionately making the case that New York needs to be in the sukuk business. “New York is open for business,” said state Senator Kevin Parker, a Democrat from Brooklyn. “I want to […]
Azzad Wise Capital Fund Celebrates 3rd Anniversary
FALLS CHURCH, Va., April 23, 2013 — The Azzad Wise Capital Fund (NASDAQ: WISEX), America’s first fixed-income mutual fund that invests in sukuk, turned three years old in April. It is categorized as a short-term bond fund and is designed for capital preservation and income. “We’re pleased to see continued interest in our socially responsible […]
Islamic inheritance: Myth versus fact
Myth: I live in America where there are no Islamic courts. Islamic inheritance is too complicated to be enforced in the United States. Since I have to live by the law of the land, I can’t plan for an Islamic inheritance. Fact: In the United States, you can plan your inheritance through a last will […]
What a government shutdown could mean for markets
Markets are under pressure as a budget battle in Washington threatens the first government shutdown in 17 years. The inability of lawmakers to compromise on fiscal matters and their tendency to squabble right up to key deadlines has investors on edge once again, causing volatility to spike. So, what might this mean for your portfolio? […]
Azzad launches Islamic estate planning campaign
(Falls Church, Virginia, 9/23/13) – Azzad Asset Management announced today the launch of a series of estate planning seminars across the United States aimed at helping congregants at mosques and Islamic centers create inheritance plans that comply with both U.S. and Islamic law. In addition to providing wealth management services and operating as investment advisor […]
Obamacare and physician salaries
Relative to the general population, doctors have higher salaries. Think of this as repayment for taking on six-figure student loan debt, spending eight years in school, working upwards of 100 hours a week for another half dozen years, and making less than the median national income during residency. But will high physician salaries become a […]
Top 5 mistakes employees make with 401(k)s
The results are in, and our advisors have agreed that these are the five most common mistakes employees make with their 401(k) plans: 1. Not participating: The biggest mistake you can make is not contributing to a 401(k) if you are eligible, especially if your employer matches your contributions. Start out with small contributions and […]
Azzad named ‘Best Islamic Asset Management Company in the Americas’
(Falls Church, Virginia, 8/28/13) – Azzad Asset Management has been named “Best Asset Management Company in the Americas” for the second year in a row by Islamic Finance News (IFN), according to the results of the 2013 Islamic Investor Poll. The poll is a comprehensive survey of the global Islamic asset management industry, asking institutional […]
