Press Releases
Financial Times names Azzad a top registered investment adviser for 2016
FALLS CHURCH, Virginia (June 16, 2016) – Socially responsible registered investment adviser Azzad Asset Management announced today that it has been named one of the Financial Times’s 300 Top Registered Investment Advisers. The list recognizes top independent RIA firms across the U.S. The firm said in a statement: “Azzad Asset Management is honored to receive this distinction from the Financial Times, a globally recognized leader in financial data and information. The FT 300 has quickly become an essential resource for savvy investors in search of an unbiased listing of top registered investment advisers in the United States.” This is the
Dr. Abdulbari Mashal joins Azzad Shariah advisory board
(Falls Church, Virginia, 5/24/16) — Azzad Asset Management, investment advisor to the halal, socially responsible Azzad Funds, announced today the addition of Dr. Abdulbari Mashal to its Shariah advisory board. The board is an advisory body focused on best practices in the Islamic finance industry. In a statement, Azzad President and CEO Bashar Qasem said: “We are honored and delighted to welcome Dr. Abdulbari Mashal to Azzad’s Shariah advisory board. Dr. Mashal is a leader in the field of Islamic finance, and we are gratified that he has accepted our offer to work with our team. He brings a wealth
Two Azzad portfolios achieve ‘Top Guns’ status from Informa Investment Solutions
Falls Church, Va., 5/19/16 – Azzad Asset Management today announced that its investment portfolios have been recognized with one of the asset management industry’s highest honors. The firm’s REIT (real estate investment trust) strategy and small-cap growth stock strategy were awarded “Top Guns” distinction from Informa Investment Solutions’ PSN manager ranking database for the first quarter and 1-year periods ending March 31, 2016. Additional recognition was given to the Azzad REIT strategy for the 3-year period. This is a highly anticipated quarterly ranking and is widely used by institutional asset managers and investors. “The PSN Top Guns ranks products in
Azzad participates in 25th anniversary AAOIFI conference
MADINAH, Saudi Arabia, May 6, 2016 — Azzad Asset Management, investment advisor to the Azzad Funds, joined senior officials, scholars, and industry leaders in Saudi Arabia for an international conference on promoting the Islamic economy organized by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). Held in conjunction with the Saudi Capital Market Authority, the May 4-5 event was hosted by Taiba University in the city of Madinah. “Four decades ago, Islamic finance began as a set of reforms intended to curb the excesses of the free market system,” said AAOIFI member and Azzad CEO Bashar Qasem, CSAA, who attended the
