Press Releases

Azzad Asset Management clients to donate nearly $10 million this Ramadan

Azzad Asset Management clients to donate nearly $10 million this Ramadan

Firm reports record-high totals for zakah-related charitable giving Falls Church, Virginia, April 20, 2021 — Azzad Asset Management, a socially responsible, faith-based registered investment advisor, announced today that its Muslim clients are expected to donate approximately $10 million in zakah-related charity during the holy 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 the amounts that should be given in charity each year. This year’s total, a record-setting amount, comes after the firm itself topped $1 billion in assets under management

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

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

FOR IMMEDIATE RELEASE Azzad Portfolios Achieve ‘Top Guns’ Status from Informa Investment Solutions Five strategies excel across multiple categories and reporting periods Falls Church, Va., 2/22/21 – Azzad Asset Management today announced that it has been awarded a PSN Top Guns distinction by Informa Financial Intelligence’s PSN manager database, North America’s longest running database of investment managers. This quarterly ranking is used widely by asset managers and investors. “Congratulations to Azzad Asset Management for being recognized as a PSN Top Gun,” said Ryan Nauman, Market Strategist at Informa Financial Intelligence’s Zephyr. “This highly esteemed designation allows us to recognize success, excellence

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Azzad Asset Management Fab five stocks are driving this market

Azzad Wise Capital Fund implements fee reduction

FOR IMMEDIATE RELEASE Azzad Wise Capital Fund implements fee reduction First halal fixed income fund in U.S. offers socially responsible alternative to bond funds Falls Church, Va., 2/22/21 – Azzad Asset Management, Inc. (“Azzad”), investment adviser to the Azzad Funds, today announced that its flagship fixed income product, the Azzad Wise Capital Fund (the “Fund”) has reduced its management fee and lowered total operating costs for investors. Citing strong inflows and rising assets under management, Azzad voluntarily reduced its annual management fee for the Fund from 1.19% to 0.80% of the Fund’s average daily net assets, and the Fund’s Board

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Azzad Asset Management launches Shariah-compliant disruptive innovation portfolio

Azzad Asset Management launches Shariah-compliant disruptive innovation portfolio

Endeavor with ARK Investment Management to offer thematic investing strategy through public markets Falls Church, Virginia, Feb. 2, 2021 — Registered investment advisor Azzad Asset Management announced today a new investment portfolio aimed at capitalizing on macro trends in disruptive technology. Giving clients “venture capital-like” exposure to innovative investments, the strategy, a first in the United States, is an ethically screened separately managed account constructed in cooperation with New York-based ARK Investment Management LLC (“ARK”). “Azzad is committed to the idea that the Muslim community deserves access to quality investment managers and their unique industry insights without compromising deeply held

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