FOR IMMEDIATE RELEASE
FALLS CHURCH, Va. – March 14, 2025 – The Azzad Wise Capital Fund (NASDAQ: WISEX), the first halal fixed-income mutual fund in the United States, has been awarded the 2025 Lipper Fund Award for Best 5-Year International Income Fund. This is the fourth time the Fund has received this award, and the third consecutive year.
The Azzad Wise Capital Fund is a Shariah-compliant, riba-free fixed income mutual fund that seeks to provide investors with income and capital preservation by investing primarily in sukuk, Islamic bank deposits, and trade finance. Azzad Asset Management, an investment advisory firm established in 1997, is investment adviser to the Azzad Funds. Federated Investment Management Company serves as sub-advisor and portfolio manager.
“We are honored to receive this prestigious award from Lipper,” said Bashar Qasem, CSAA, President and CEO at Azzad Asset Management. “This award is a testament to the hard work of our team and our commitment to providing our investors with high-quality, halal investment options.”
The Azzad Wise Capital Fund celebrates its 15th anniversary this April. For the most recent returns, visit azzadasset.com. Past performance is not a guarantee of future results.
Please consider the Fund’s objectives, risks, charges and expenses carefully before you invest. The prospectus contains this and other important information. Visit https://azzadasset.com/azzad-wise-capital-fund/ for a copy. Read the prospectus carefully before investing or sending money. The Azzad Funds are self-distributed.
About the 2025 Lipper Fund Awards
The Lipper Fund Awards are given annually to the top-performing mutual funds in each category. For funds to be considered, they need to provide fund data to the Lipper Data team. There is no cost associated with this. The awards are based on Lipper’s proprietary performance-based methodology. For a detailed explanation, please review the Lipper Leader Methodology Document.
About Azzad Asset Management
Since 1997, Azzad has been committed to providing investment services designed to help people enjoy optimum performance without compromising their Islamic values. In addition to investment management, the firm offers holistic financial planning services to American Muslim families across the United States.
Advisory services are offered through Azzad Asset Management, an investment adviser registered with the U.S. Securities and Exchange Commission. Registration as an investment adviser does not imply a certain level of skill or training. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. Form ADV Part 2A can be obtained by visiting https://adviserinfo.sec.gov and searching for our firm name. ADV Form 2B is available upon request. Azzad Asset Management does not provide tax or legal advice, and we encourage you to consult with tax or legal professional advisors before implementing any legal or financial planning strategies.
