Press Releases

Azzad participates in 14th Annual AAOIFI-World Bank conference on Islamic finance

Manama, Kingdom of Bahrain, 11/6/19 — Representatives from Azzad Asset Management joined leading scholars and senior officials from central banks, financial institutions, and regulators for an annual gathering on Islamic finance hosted by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). Organized in cooperation with the World Bank and under the auspices of the Central Bank of Bahrain, the two-day conference focused on ways to standardize the Islamic finance industry in light of technological disruption and regulatory challenges. Advances in blockchain technology, artificial intelligence, and crowdfunding were all addressed at the conference, which examined the developments through the

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Informa Investment Solutions Names Four Azzad Portfolios to ‘Top Guns’ Status

Strategies excel across multiple categories and reporting periods in the PSN manager database Falls Church, Va., 8/19/19 – Azzad Asset Management today announced that four of its investment portfolios have been recognized as “Top Guns” for time periods ending June 30, 2019. The firm’s large cap growth, small cap growth, small cap value, and international strategies were named to Informa Investment Solutions’ PSN manager ranking database. This is a highly anticipated quarterly ranking that is widely used by asset managers and investors. Achieving the Top Guns distinction means that the Azzad strategies are among the top 10 performers within one

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Financial Advisor Magazine names Azzad in 2019 RIA Survey and Ranking

FALLS CHURCH, Virginia (July 18, 2019) – Azzad Asset Management has been named in Financial Advisor magazine’s 2019 RIA Ranking. The report is an annual survey that ranks registered investment advisors (RIAs) based on percentage growth in assets from the previous calendar year and is the premier industry ranking of independent RIA growth. FA’s RIA Ranking is an independent listing produced by Financial Advisor magazine. Firms must be registered investment advisors and provide financial planning and/or related services to individual clients. All firms must be either independently owned or a freestanding subsidiary of another business and have at least $100

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Azzad clients to give away $6.7 million in zakah this Ramadan

Falls Church, Va., May 20, 2019 — Azzad Asset Management, a socially responsible, faith-based registered investment advisor, announced today that its Muslim clients are expected to donate approximately $6.7 million in charity during the holy month of Ramadan. Azzad reports Islamically mandated charitable totals, or zakah, to clients in an annual statement issued during the month of Ramadan. Many Muslims choose to pay zakah during Ramadan–a month of fasting, worship, and giving–which began this year on May 6. The firm is an advocate of Islamic investing principles, including zakah calculation, and regularly educates the American Muslim community on the topic. The third pillar of

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