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![Azzad Portfolios Achieve ‘Top Guns’ Status from Informa Investment Solutions](https://azzadasset.com/wp-content/uploads/Azzad-Portfolios-Achieve-More-Top-Guns-Designations-from-Informa-Investment-Solutions-Generic.jpg)
Azzad Portfolios Achieve More ‘Top Guns’ Designations from Informa Investment Solutions
Five strategies excel across multiple categories and reporting periods Azzad Asset Management announced today that five of its investment strategies have been awarded “Top Guns” designation 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. This means that the Azzad portfolios were among the top performers within one or more peer groups reporting to PSN. PSN Top Guns performance rankings are tabulated for thousands of strategies across 75 peer groups subdivided by increasingly rigorous screens and reported in ascending classes from 1-6 stars, indicating
![Azzad Asset Management clients to donate nearly $10 million this Ramadan](https://azzadasset.com/wp-content/uploads/Azzad-Asset-Management-clients-to-donate-nearly-10-million-this-Ramadan.jpg)
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
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 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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