Year-end charitable giving
As the end of the year approaches, charitable giving often comes to mind. Charitable giving can be enhanced using income tax deductions, and so it can be much more effective when it is included as part of your year-end tax planning. Example(s): Assume you are considering making a charitable gift equal to the sum of […]
Azzad analysis featured in 2014 Thomson Reuters Sukuk Report
Paper focuses on challenges and opportunities of investing in global Islamic bonds (Falls Church, Virginia, 12/3/13) – An analysis of the international sukuk market prepared by Azzad Asset Management has been published in the 2014 Thomson Reuters Sukuk Perceptions and Forecast Study. The research paper, which focuses on sukuk investing from a practitioner’s perspective, was […]
Twitter IPO: To invest or not to invest?
It’s official. The bird began trading on Wall Street last week with its IPO surging over 70% bringing the company’s value to more than $25 billion. According to Wall Street’s valuation, each Twitter user is worth around $110. At its peak, shares were trading at 45.8 times revenue over the past 12 months (compared to […]
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 […]
