Meet the Portfolio Managers
Multiple managers with diverse investment styles, competitive track records and decades of experience manage your money
The Azzad Team of Institutional Money Managers
Would you attend a college where only one professor taught multiple subjects, from engineering to writing to medicine? So why would you entrust your money to just one portfolio manager?
Azzad has selected a team of experienced institutional money managers to manage our mutual funds and investment portfolios. Selecting money managers and evaluating their ongoing performance is a critical part of what we do. We choose managers we believe will have the greatest potential to drive our portfolios’ long-term performance by generating excess returns, in accordance with our halal investment philosophy.
Our multi-manager selection process strives to identify top talent:
- We perform an in-depth assessment of a firm’s investment team including its expertise, resources and background;
- Managers must demonstrate a commitment to delivering competitive performance within our halal investment restrictions;
- We continue to conduct ongoing, rigorous due diligence on our managers to ensure their investment process continues to be a promising fit for our program;
- Our investment committee meets regularly to assess a manager’s performance, review their portfolio and discuss their overall contribution to our program;
- Managers are replaced if quantitative results no longer meet our qualitative expectations.
The Azzad Team of Institutional Money Managers
We invite you to learn more about our managers by clicking on the links below:
ARK Investment Management LLC manages Azzad's Innovation Portfolio
ARK Investment Management LLC (“ARK”) is a Delaware limited liability company. The firm is an independent, woman-owned and controlled company that has been registered with the U.S. Securities and Exchange Commission (“SEC”) as an investment adviser since January 2014.
D.F. Dent and Company, Inc. manages Azzad's mid-cap growth model
D.F. Dent was founded as an independent investment counseling firm by Daniel F. Dent in 1976.
D.F. Dent provides portfolio management services to individuals, high net worth individuals, corporate pension and profit‐sharing plans, Taft‐Hartley plans, wrap‐fee programs/UMAs, charitable institutions, foundations, endowments, municipalities, registered mutual funds, private investment funds, trust programs, and other U.S. institutions.
Federated Investment Management manages Azzad's halal fixed income mutual fund
Federated Investment Management Company is a subsidiary of Federated Hermes, Inc., one of the largest investment managers in the United States.
Federated provides comprehensive investment management to institutions and intermediaries including corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers.
Kayne Anderson Rudnick manages Azzad's small-cap growth model
Kayne Anderson Rudnick Investment Management (KAR) was founded in 1984 by two successful entrepreneurs, Richard Kayne and John Anderson, to manage the funds of its principals and clients. John Anderson was a prominent Los Angeles attorney and businessman, member of the Forbes 400 and named benefactor of The Anderson School of Business at The University of California, Los Angeles.
Clients include corporate and public pension plans, foundations, endowments, brokerage firms, and high-net-worth individuals. Our range of domestic equity and fixed income strategies all embody our unified investment philosophy. The firm, headquartered in Los Angeles, is wholly owned by Virtus Investment Partners (NASDAQ: VRTS).
SKBA Capital Management, LLC manages Azzad's large-cap value model
SKBA Capital Management, LLC was founded in 1989 by members of the investment team working within the institutional trust department at the Bank of California.
The core of the investment team has worked together for over 25 years. SKBA is a 100% employee and founder owned investment adviser registered with the Securities and Exchange Commission.
The firm employs a collaborative team approach to investing which brings together over three decades of experience to investment management.
SKBA’s goal is to emphasize long-term wealth accumulation while avoiding risk of a permanent loss of capital. Its managers are disciplined, value managers.
Tributary Capital Management manages Azzad's small-cap value model
Tributary Capital Management’s parent company has a rich history dating back to the mid-1800s.
They are a wholly owned subsidiary of First National Bank of Omaha, which is a wholly owned subsidiary of First National of Nebraska, the largest privately held financial services company in the United States.
They are an investment adviser registered with the Securities and Exchange Commission. The firm manages assets for corporations, mutual funds and other institutions. The firm’s investment team averages nearly eighteen years of industry experience, including over eight years with Tributary. Five of their investment professionals hold the CFA® charter.
Delaware Funds by Macquarie
Delaware Funds by Macquarie provides investment sub-advisory services, including portfolio management, investment research and analysis, to registered investment companies.
It is a subsidiary, and subject to the ultimate control, of Macquarie Group Limited (“Macquarie”). Macquarie is a Sydney, Australia-headquartered global provider of banking, financial, advisory, investment and funds management services.
M3Sixty Capital, LLC manages Azzad's International Portfolio
M3Sixty Capital, LLC (“M3Sixty” or the “Firm”) is an investment advisor registered with the State of
Kansas and is a limited liability company formed under the law of the State of Delaware. M3Sixty was
founded in 2010. M3Sixty is wholly-owned by Matrix 360 Holdings, LLC and has been providing
investment advisory services since 2022. Randall Linscott serves as the Chief Executive Officer of the