Mid Cap Growth Portfolio
Part of the Azzad Ethical Wrap Program
A comprehensive halal wealth management solution for high net worth clients, organizations, and business owners.
Why Mid Cap Growth Stocks?
Mid cap growth stocks are attractive for their balance of growth potential and relative stability. Representing companies with market capitalizations typically between $2 billion and $10 billion, these stocks offer substantial growth opportunities. They are often well-established enough to mitigate some of the risks associated with small cap stocks but still possess significant room for expansion and innovation.
Investing in mid cap growth stocks can provide a sweet spot in a diversified portfolio. These companies have generally moved beyond the volatile early stages of development, offering more stability than small cap stocks. At the same time, they can grow faster than large cap stocks, which are often more mature and have less room for rapid expansion.
Azzad Asset Management is a registered investment adviser headquartered in the suburbs of Washington, D.C.
Azzad is committed to managing clients’ money according to a responsible investment philosophy based on faith-based values and incorporating a rigorous and disciplined investment approach.
Azzad believes that companies operating in ethical lines of business offer relatively less business risk and are in a better position to thrive in the long-term.
The firm’s proprietary screening process allows the manager to prudently manage client assets in a manner consistent with their values.
Meet the Managers
Azzad Asset Management is a registered investment adviser headquartered in the suburbs of Washington, D.C.
Azzad is committed to managing clients’ money according to a socially responsible investment philosophy based on faith-based values and incorporating a rigorous and disciplined investment approach.
Azzad believes that companies operating in ethical lines of business offer relatively less business risk and are in a better position to thrive in the long-term.
The firm’s proprietary screening process allows the manager to prudently manage client assets in a manner consistent with their values.
Objective & Strategy
Azzad’s Mid Cap Growth Portfolio is passively managed according to its benchmark, the Dow Jones Islamic Market U.S. Mid-Cap Growth Index. The index is a Shariah-compliant benchmark that tracks the performance of U.S. mid-sized companies with strong growth characteristics, excluding companies and financial structures that do not meet Islamic investment principles.
Historically, mid cap stocks have offered higher rates of return than large cap stocks but lower rates of return than small-cap securities. Mid-cap stocks have also been more volatile than large cap stocks but less volatile than small cap stocks.
Objective & Strategy
Our Azzad Mid Cap Growth portfolio mirrors the Dow Jones Islamic Market U.S. Mid-Cap Growth Index, adjusted by our strategic factor-based approach. We screen investments using key value metrics like price-to-earnings ratios, while incorporating quality indicators such as gross profit margins.
This dual strategy–combining comprehensive benchmark coverage with targeted factor analysis–allows us to build a portfolio that closely tracks benchmark performance while maintaining robust diversification and disciplined risk management.
