Purification calculator helps investors avoid unethical profits
(Falls Church, Virginia, 8/13/14) – Azzad Asset Management today announced the launch of an online tool intended to help American Muslims observe halal investing guidelines. Using input provided by shareholders of the Azzad Mutual Funds, an online purification calculator will provide a user-specific dollar amount that represents unintentional earnings that were potentially derived from religiously […]
Azzad clients expected to donate a record $3 million to charity this Ramadan
(Falls Church, Virginia, 7/10/14) – Azzad Asset Management announced today that it has mailed annual Zakah and purification totals to clients. Observant Muslims will use the calculated figures to fulfill their charitable giving obligations for the year. Assuming clients donate the amounts reported on their statements, Azzad representatives say that approximately $3 million will be […]
LPL Financial adds Azzad Funds to mutual fund platform
(Falls Church, Virginia, 7/2/14) – Two no-load, socially responsible mutual funds that observe Islamic investing criteria can now be purchased through the LPL Financial mutual fund brokerage and wrap platforms. The Azzad Funds, known for their rigorous adherence to halal investing guidelines, were added to the platform in June, giving affiliated financial advisors access to […]
Press conference with Federated
These are short excerpts from the press conference in 2014 when Azzad announced that Federated Investment Management Company would serve as sub-advisor to the Azzad Wise Capital Fund.
Federated to sub-advise first US halal fixed-income fund
WASHINGTON, D.C., June 17, 2014 — Azzad Asset Management announced today the selection of Federated Investment Management Company, a subsidiary of Federated Investors, Inc., as sub-advisor for the Azzad Wise Capital Fund (NASDAQ: WISEX), America’s first halal, socially responsible fixed-income mutual fund. “We understand the trust given to us as managers of this unique portfolio,” […]
The strategic investor: Using fixed income to meet your financial goals
When evaluating investment performance, investors should consider both return and risk. Unfortunately, many investors stress the importance of the former and neglect the latter. This is particularly true when the markets are recording new highs like we’ve seen lately. The reverse is true when the markets are recording new lows. Investors start to exaggerate their risk […]
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.
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 […]
