Azzad Wise Capital Fund wins 2014 Lipper Fund Award
FALLS CHURCH, Va., June 2, 2014 /PRNewswire/ — The Azzad Wise Capital Fund (NASDAQ: WISEX), America’s first halal, socially responsible fixed-income mutual fund, has won the 2014 Lipper Fund Award in the Global Bond (Sukuk) category for the one-year period ending 12/31/13. The Fund’s investment advisor, Azzad Asset Management, made the announcement at their offices […]
Azzad Ethical Wrap Program
Learn about the Azzad Ethical Wrap Program, our comprehensive wealth management program offering diversified portfolios managed by experienced institutional managers for each asset class.
Diversification, the Azzad way
What is diversification? Azzad investment advisor Omar El-Sayed, CFP® explains why this concept should matter to you.
Investing Basics
A Practical Guide
Why can’t I invest in insurance companies?
“Why don’t you invest in health insurers like Humana?” That’s a question I’ve heard recently. The short answer is that insurers of all types, whether they’re property, life or medical, do not meet the threshold requirements for investment as outlined by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). The long answer takes […]
Azzad participates in 11th Harvard University Forum on Islamic Finance
Cambridge, Mass., April 30, 2014 — Representatives from Azzad Asset Management joined more than 300 scholars, practitioners, and regulators on the campus of Harvard University April 25-27 for a dialogue on Islamic finance in America. Held at the university’s law school, the 11th Forum on Islamic Finance focused on practical methods to introduce risk-sharing financial solutions, including […]
Participating in an IPO
The Halal Perspective
First US halal fixed-income mutual fund celebrates 4th anniversary
Shariah-compliant Azzad Wise Capital Fund lets American Muslims ‘invest with faith’ FALLS CHURCH, Va., April 21, 2014 — The Azzad Wise Capital Fund (NASDAQ: WISEX), America’s first halal, socially responsible fixed-income mutual fund turned four years old this month. Falls Church, Virginia-based Azzad Asset Management launched the interest-free fund in 2010. “It wasn’t easy to […]
Purifying Impermissible Assets
ABSTRACT Purifying non-halal conventional investments in a savings vehicle like a 401(k) plan and rendering them halal is a difficult subject. This issue is often raised by Shari’ah-sensitive investors who have resolved to make the transition to Halal in their financial affairs. The desire to more fully follow the principles of Islam is in itself […]
The benefits of tax planning
Taxes can take a big bite out of your total investment returns, so it’s helpful to look for tax- advantaged strategies when building your portfolio. You don’t want to pay any more in tax than you have to. That means taking advantage of every strategy, deduction, and credit that you are entitled to. Tax-deferred and […]