Press Releases
Azzad meets with US, Arab diplomats at 2nd annual State Department ambassadors forum
One-on-one talks focus on Islamic finance, investment between US and MENA region (Washington, DC, 3/17/14) – On Thursday, March 13, 2014, representatives from Azzad Asset Management met with a delegation of US and Arab ambassadors at State Department offices in downtown Washington, D.C. Sponsored by the National U.S.-Arab Chamber of Commerce (NUSACC) and the U.S. Department of State, the forum convened business leaders and diplomats from the Middle East and North Africa (MENA) region to promote trade and investment. In her opening address to attendees, Assistant Secretary of State for Near Eastern Affairs Anne Patterson recognized the importance of economic
Azzad analysis featured in 2014 Thomson Reuters Sukuk Report
Paper focuses on challenges and opportunities of investing in global Islamic bonds (Falls Church, Virginia, 12/3/13) – An analysis of the international sukuk market prepared by Azzad Asset Management has been published in the 2014 Thomson Reuters Sukuk Perceptions and Forecast Study. The research paper, which focuses on sukuk investing from a practitioner’s perspective, was produced by Azzad’s fixed-income research team. “We often hear about the theoretical application of sukuk investing and Islamic finance in general,” said Azzad analyst Ahsan Raheem, CFA, the paper’s lead author. “Our analysis highlights some of the practical issues facing sukuk investors. They come from
Azzad Wise Capital Fund Celebrates 3rd Anniversary
FALLS CHURCH, Va., April 23, 2013 — The Azzad Wise Capital Fund (NASDAQ: WISEX), America’s first fixed-income mutual fund that invests in sukuk, turned three years old in April. It is categorized as a short-term bond fund and is designed for capital preservation and income. “We’re pleased to see continued interest in our socially responsible investment approach,” says Bashar Qasem, president and CEO of the fund’s investment advisor, Azzad Asset Management. “And investors are telling us that they appreciate a fund that allows them exposure to both emerging markets and an alternative asset class.” The Azzad Wise Capital Fund invests
Azzad launches Islamic estate planning campaign
(Falls Church, Virginia, 9/23/13) – Azzad Asset Management announced today the launch of a series of estate planning seminars across the United States aimed at helping congregants at mosques and Islamic centers create inheritance plans that comply with both U.S. and Islamic law. In addition to providing wealth management services and operating as investment advisor to the Azzad Ethical Fund and Azzad Wise Capital Fund, the firm is an advocate of Islamic financial planning, including estate planning, and regularly educates the American Muslim community on these sometimes complex issues. In a statement, Azzad said: The American Muslim community boasts higher
