Press Releases

Financial Advisor Magazine names Azzad Asset Management in 2024 RIA Survey and Ranking

Annual ranking of top registered investment advisors includes more than 400 firms FALLS CHURCH, Virginia (July 23, 2024) – Azzad Asset Management has once again been named in Financial Advisor Magazine’s annual ranking of largest registered investment advisors in the United States. This year, Azzad Asset Management was listed as the 236th largest RIA in the country. Today’s announcement marks seven straight years of making the list. The firm said in a statement: “Being named to the Financial Advisor RIA ranking is always a mark of distinction for our firm. We thank our clients, partners and employees for their continued trust and support

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Azzad Portfolios Achieve ‘Top Guns’ Status from Informa Investment Solutions

Azzad Named to PSN Top Guns List of Best Performing Strategies for 1Q 2024

Azzad Named to PSN Top Guns List of Best Performing Strategies for 1Q 2024Quarterly PSN Top Guns List published by Zephyr identifies best-in-class separate accounts, managed accounts, and managed ETF strategies. Falls Church, VA—June 3, 2024— Azzad Asset Management is pleased to announce its strategies were named to the celebrated PSN Top Guns List of best performing strategies for 1Q 2024.  This highly anticipated list, published by Zephyr, remains one of the most important references for investors and asset managers. The Azzad Large Cap Growth, Azzad Small Cap Value, Azzad Mid Cap Value and Azzad International strategies are actively managed

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Azzad Asset Management clients to donate $13.2 million in Ramadan

Azzad Asset Management clients to donate $13.2 million in Ramadan

FALLS CHURCH, Va., March 20, 2024 — Azzad Asset Management announced today that its Muslim clients are expected to donate more than $13 million during the month of Ramadan.   Zakah–sometimes spelled zakat–is an obligation that practicing Muslims pay on assets held for a full lunar year, including investments. Azzad calculates and reports to clients each Ramadan the amounts that should be given in charity. Although there is no prescribed time to give zakah, many Muslims, including Azzad clients, choose to pay zakah during the holy month of Ramadan, which began this year on March 10. The third pillar of Islam, zakah

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Azzad Wise Capital Fund wins 2024 Lipper Fund Award

Azzad Wise Capital Fund wins 2024 Lipper Fund Award

FALLS CHURCH, Va., March 14, 2024 — The Azzad Wise Capital Fund (NASDAQ: WISEX), America’s first halal fixed-income mutual fund, has won a Lipper Fund Award in the 3-Year and 5-Year International Income categories for the period ending 12/31/23. The LSEG Lipper Fund Awards are based on return calculation periods over 36, 60, and 120 months. The highest Lipper Leader for Consistent Return (Effective Return) value within each eligible classification determines the fund classification winner over three, five, or 10 years. This is the Azzad Wise Capital Fund’s third Lipper Fund Award overall and the second year in a row

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